FHFA Releases Report on Federal Home Loan Banks Activities

The Federal Housing Finance Agency (FHFA) released 2018 Low-Income Housing and Community Development Activities of the Federal Home Loan Banks. The 11 Federal Home Loan Banks provided more than $450 million in Affordable Housing Program funds in 2018, about 15 percent more than in 2017. This funding assisted over 49,000 low- or moderate-income households, including about 25,900 very low-income households.