Community Support Statement Form 060 Redlined

FHFA Form # 060
(01/10/2012)

FEDERAL HOUSING FINANCE AGENCY
COMMUNITY SUPPORT STATEMENT

(see instructions page 2)

Name of Institution:
Address:
City:

State:

Zip Code:

DocketFHFA ID Number:
Contact Person: (Mr./Ms.)
Phone Number: (

)

Title:
Email: _____________________or Fax Number: (

)

Part I. Community Reinvestment Act (CRA) FactorStandard
Most recent federal CRA Rating:

CRA Evaluation Date:

Part II. First-time Homebuyer Factor Standard. All members must complete either Section A or B.
Members with "Outstanding" federal CRA ratings need not complete this part. Members should use
data or activities for the previous or current calendar year. (You may complete either Section A or B,
or both sections. Members with "Outstanding" federal CRA ratings need not complete this section.)

A. A. Complete the following four questions. using data for the previous calendar year. If your institution did not track loans or made no loans to firsttime homebuyers, you must complete Section B.

1. Number of mortgage loans made to first-time homebuyers
2. Dollar amount of loans made to first-time homebuyers
3. Loans made to first-time homebuyers as a percentage of all mortgage loans
4. Dollars loaned to first-time homebuyers as a percentage of all mortgage dollars loaned

$
%
%

B. Check as many boxes as appropriateapplicable:

1. In-house first-time homebuyer program (e.g., underwriting, marketing plans, outreach
programs)
_
2. Other in-house lending products that serve first-time homebuyers or low- and
moderate-income homebuyers
_
3. Flexible underwriting standards for first-time homebuyers
_
4. Participate in nationwide first-time homebuyer programs
(e.g., Fannie Mae, Freddie Mac, etc.)
_
5. Participate in federal government programs that serve first-time homebuyers
(e.g., FHA, VA, etcUSDA RD.)
_
6. Participate in state or local government programs targeted to first-time
Hhomebuyers (e.g., mortgage revenue bond financing)
_
7. Financial support or technical assistance to community groups or organizations
that assist first-time homebuyers
_
8. Participate in loan consortia that make loans to first-time homebuyers
9. Participate in or support special counseling or homeownership education
targeted to first-time homebuyers
_
10. Hold investments or make loans that support first-time homebuyer programs
_
11. Hold mortgage-backed securities that may include a pool of loans to low- and
moderate-income homebuyers
_
12. Participate in service organizations that provide mortgages to first-time or low- and moderate- income homebuyers
13. Participate in FHFA Federal Home Loan Bank Affordable Housing Program or other targeted community lending investment/development programs
14. Other (Attach explanation of other activities or mitigating factors; see instructions for Part II)
_
III. Certify that information in this Community Support Statement and the attachments is correct to the best of your knowledge by filling out the
information below.

Signed

Title

Print Name

Date

FHFA Form 060

OMB Number 2590-0005

Expires 2-29-16

Page 1 of 2

Community Support Statement (FHFA Form 060) Instructions

Purpose: To maintain continued access to long-term advances, sSection 10(g) of the Federal Home Loan Bank Act [12
U.S.C. §1430(g)] sets forth the community support requirements. Under requires the Federal Housing Finance Agency’s
(FHFA) implementing community support regulation [12 C.F.R. part 1290], FHFA is required to take into account a
Federal Home Loan Bank ( B a n k ) member's performance under the Community Reinvestment Act of 1977 [12
U.S.C. §2901 et seq.] (CRA) and its record of lending to first-time homebuyers, in determining whether to maintain the
member’s access to long-term Bank advances. For purposes of community support review, the term "long-term
advances" means advances with a term to maturity greater than one year.
Part I (CRA StandardFactor): Members subject to CRA shall complete this section. Indicate your institution's
most recent federal CRA evaluation rating and date. [If your institution is not subject to CRA, indicate this in the CRA
evaluation field on this form.]
If a member's most recent federal CRA evaluation is rated ing is "Needs to Improve," the FHFA will place that member
on probation until it receives the rating from its next CRA examination. During the probationary period, it will retain
access to long-term advances. If the member does not receive an improved CRA rating at its next CRA evaluation, its
access to long-term advances will be restricted.
If a member's most recent federal CRA rating is "Substantial Non-compliance," the FHFA immediately will take action to
restrict that member's access to long -term advances. The restriction will remain in effect until the member's CRA rating
improves.

Part II (First-time Homebuyer StandardFactor): All members, except those with "Outstanding" federal CRA
ratings, must complete this section. An institution may demonstrate assistance to first-time homebuyers in many ways,
but the FHFA is particularly interested in actual loans, products, and services to first-time homebuyers. Although
completion of both Section A and Section B is requested, it is not required. You may satisfy the first-time homebuyer
factor standard either by demonstrating adequate lending performance (Section A), or by demonstrating participation in
programs that assist first-time homebuyers (Section B), or by a combination of both factors. If the information requested
in Part II is inadequate to reflect your institution's compliance with the first-time homebuyer standardfactor, you may
attach a one-pagebrief description of your efforts to assist first-time homebuyers and/or an explanation of mitigating 
factors affecting your institution's ability to assist first-time homebuyers. No other information beyond this one-page
description will be considered.

If a member does not submit evidence of assistance to first-time homebuyers or an explanation of mitigating factors,, the
FHFA immediately will take action to restrict that member's access to long -term advances. The restriction will remain in
effect until the member submits information satisfactory to the FHFA.

Part III (Certification): All members must complete this section. An appropriate senior official must certify that the
information in this Community Support Statement and the any attachments isare correct to the best of his/her knowledge.

Assistance: Your Federal Home Loan Bank has a Community Support Program that can assist you in preparing your
Community Support Statement.

Submission:  Once you have completed this form, please submit it, along with any attachments, to the Federal Housing
Finance Agency, Division of Housing Mission and Goals, 400 7th Street, S.W., Washington, D.C. 20024, or by
electronic mail to hmgcommunitysupportprogram@fhfa.gov, or by fax to 202-649-4130, to the Federal Housing
Finance Agency. Please do not send encrypted statements.

Federal Housing Finance  Agency 
Division of Housing Mission and Goals 
400 7th Street, S.W. 
Washington, D.C.  20024 

FHFA Form 060

OMB Number 2590-0005

Expires 2-29-16

Page 2 of 2