Updated Form 060 Community Support Statement (Added Disclaimer Highlighted)

FHFA Form 060 CommunitySupportStatement PDF_Added Disclaimer Highlighted.pdf

Community Support Requirements

Updated Form 060 Community Support Statement (Added Disclaimer Highlighted)

OMB: 2590-0005

Document [pdf]
Download: pdf | pdf
Federal Housing Finance Agency

FHFA Form 060
OMB Number 2590-0005
Expires 04/30/2026

Community Support Statement
FHFA Federal Home Loan Bank (FHLBank) Member ID Number:
Name of FHLBank Member Institution: Mailing Address:
City:
Submitter Name:
Work Email:

State:
Title:

Zip Code:

The information in the Community Support Statement (CSS) submitted by the member, as reflected in this document, may be updated, or changed upon FHFA’s review of the CSS.
Part I. Community Reinvestment Act (CRA) Standard:
Most recent CRA rating:
Year of most recent CRA rating:
Part II. First-time Homebuyer Standard: All Federal Home Loan Bank members must complete either Section A or B of this part, except that members with "Outstanding" federal
CRA ratings need not complete this part. Members should use data or activities for the previous or current calendar year in completing this part.
A. Complete the following two questions: If your institution did not make, or did not track, mortgage loans to first-time homebuyers, you must complete Section B of this part.
1. Number of mortgage loans made to first-time homebuyers
2. Dollar amount of mortgage loans made to first-time homebuyers
$
B. Check as many as applicable:
1. Offer 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. Offer flexible underwriting standards for first-time homebuyers
4. Participate in nationwide first-time homebuyer programs (e.g., Fannie Mae, Freddie Mac)
5. Participate in federal government programs that serve first-time homebuyers (e.g., FHA, VA, USDA RD)
6. Participate in state or local government programs targeted to first-time homebuyers (e.g., mortgage revenue bond financing)
7. Provide financial support or technical assistance to community 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. Use affiliated lenders, credit union service organizations, or other correspondent, brokerage or referral arrangements with specific unaffiliated lenders, that provide
mortgage loans to first-time or low- and moderate-income homebuyers
13. Participate in the Affordable Housing Program or other targeted community investment/development programs offered by the Federal Home Loan Bank
14. Other (attach description of other activities supporting first-time homebuyers; see instructions for Part II)
15. None of the above (attach explanation of any mitigating factors; see instructions for Part II)
If you checked Question 14 or 15, please explain below. If your explanation will exceed 300 characters, please upload a file containing your explanation and
supporting documents:

Supporting documents:

Part III. Certification:
By submitting this Community Support Statement, I certify that I am a senior official of the above institution, that I am authorized to provide this information to FHFA, and that
the information in this Statement and any attachments is accurate to the best of my knowledge.
Paperwork Reduction Act Statement: Notwithstanding any other provision of the law, no person is required to respond to, nor shall any person be subject to a penalty for failure
to comply with, a collection of information subject to the requirements of the Paperwork Reduction Act, unless that collection of information displays a currently valid OMB
Control Number.
FHFA Form 060
5/30/2024 3:43 PM


File Typeapplication/pdf
File Modified2024-07-10
File Created2024-05-30

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