{"data":{"id":"us/12-cfr-1291.63","jurisdiction":"us","citation":"12 CFR 1291.63","heading":"Suspension and debarment.","body":"(a) At a Bank's initiative. A Bank may suspend or debar a member, project sponsor, or project owner from participation in the Program if such party shows a pattern of noncompliance, or engages in a single instance of flagrant noncompliance, with the terms of an approved application for AHP subsidy or the requirements of this part.\n(b) At FHFA's initiative. FHFA may order a Bank to suspend or debar a member, project sponsor, or project owner from participation in the Program if such party shows a pattern of noncompliance, or engages in a single instance of flagrant noncompliance, with the terms of an approved application for AHP subsidy or the requirements of this part.","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 F—Remedial Actions for Noncompliance"],"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":"6421ff835200894cad86378f9d151e8ea9b967d176ef3d8f4f4692c0b50772a2","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1291.62","next":"us/12-cfr-1291.64"},"notice":"GroundRules: Original legal text. Not legal advice."}