{"data":{"id":"us/12-cfr-1291.11","jurisdiction":"us","citation":"12 CFR 1291.11","heading":"Temporary suspension of AHP contributions.","body":"(a) Request to FHFA. If a Bank finds that the contributions required pursuant to § 1291.10 are contributing to the financial instability of the Bank, the Bank may apply in writing to FHFA for a temporary suspension of such contributions.\n(b) Director review—(1) Financial instability. In determining the financial instability of a Bank, the Director shall consider such factors as:\n(i) Severely depressed Bank earnings;\n(ii) A substantial decline in Bank membership capital; and\n(iii) A substantial reduction in Bank advances outstanding.\n(2) Limitations on grounds for suspension. The Director shall not suspend a Bank's annual AHP contributions if it determines that the Bank's reduction in earnings is due to:\n(i) A change in the terms of advances to members that is not justified by market conditions;\n(ii) Inordinate operating and administrative expenses; or\n(iii) Mismanagement.","path":["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 B—Program Administration and Governance"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"a4962bdc875ca227d99dd5becfe17a712f7b07c4bb491f763248aa0e328b34cd","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1291.10","next":"us/12-cfr-1291.12"},"notice":"GroundRules: Original legal text. Not legal advice."}