# Federal Home Loan Bank Housing Goals
> **US Federal Housing Finance Agency** · Final rule. · Published 2010-12-27 · Effective 2011-01-26 · 75 FR 81096
## Document
- **Document number:** 2010-32350
- **Category:** final-rule
- **Agency:** US Federal Housing Finance Agency
- **Federal Register citation:** 75 FR 81096
- **CFR reference:** 12 CFR 1281
- **Publication date:** 2010-12-27
- **Effective date:** 2011-01-26
## Abstract

Section 1205 of the Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Home Loan Bank Act (Bank Act) by adding a new section 10C(a) that requires the Director of the Federal Housing Finance Agency (FHFA) to establish housing goals with respect to the Federal Home Loan Banks' (Banks) purchase of mortgages, if any. Section 10C(b) provides that the Banks' housing goals are to be consistent with the housing goals established by FHFA for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) under sections 1331 through 1334 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act), as amended by HERA, taking into consideration the unique mission and ownership structure of the Banks. To implement section 10C, FHFA is adopting a final rule that is substantially the same as the proposed rule published by FHFA for notice and comment. The final rule establishes three single-family owner-occupied purchase money mortgage goals and one single-family refinancing mortgage goal applicable to the Banks' purchases of single- family owner-occupied mortgages, if any, under their Acquired Member Assets (AMA) programs, consistent with the single-family housing goals for the Enterprises. A Bank will be subject to the housing goals if its AMA-approved mortgage purchases in a given year exceed a volume threshold of $2.5 billion.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2010/12/27/2010-32350/federal-home-loan-bank-housing-goals)
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