The Federal Housing Finance Agency's
(FHFA) regulations on minority and women inclusion require the
Federal Home Loan Banks (Banks) and the Office of Finance to
include in the contents of their annual reports certain demographic
information related to their boards of directors as well as a
description of their related activities during the reporting year.
Under the regulations, each Bank and the Office of Finance are
required to request annually that each member of its board of
directors provide, on a voluntary basis, self-identification of his
or her demographic classification, without including personally
identifiable information. Each Bank and the Office of Finance are
also required to submit the baseline board demographic information
collected to FHFA as part of their annual reports that they are
required to submit under the regulations.
EO: EO
11478 Name/Subject of EO: Equal employment opportunity in the
Federal Government
US Code: 12
USC 4520 Name of Law: Federal Housing Enterprises Financial
Safety and Soundness Act of 1992, as amended
US Code: 12 USC
1833e
FHFA’s estimate for the total
burden associated with this information collection has increased by
.5 hours, from 20 to 20.5 hours. This is because the maximum total
number of Bank and Office of Finance board directors who would be
asked to provide their demographic data has increased from 200 to
205.
$0
No
No
No
No
No
Yes
No
Jamie Schwing 202 649-3085
jamie.schwing@fhfa.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.