GroundRules
12 CFR 1291.65: Transfer of Program administration.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY
- SUBCHAPTER E—HOUSING GOALS AND MISSION
- PART 1291—FEDERAL HOME LOAN BANKS' AFFORDABLE HOUSING PROGRAM
- Subpart F—Remedial Actions for Noncompliance
Without limitation on other remedies, FHFA, upon determining that a Bank has engaged in mismanagement of its Program, may designate another Bank to administer all or a portion of the first Bank's annual AHP contribution, for the benefit of the first Bank's members, under such terms and conditions as FHFA may prescribe.
Collected 2026-08-27T02:24:16Z. Source file · JSON