S 1439 · in committee · significant
Federal Home Loan Banks' Mission Activities Act
- housing
What this bill does
- This bill expands the Federal Home Loan Bank program to increase funding for affordable housing and community development.
- Small credit unions and community development financial institutions gain access to Federal Home Loan Bank membership and lending.
- The bill requires Federal Home Loan Banks to tie executive compensation to affordable housing investments.
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Community Threads
Started by Cosponsor
- 01
How might expanding Federal Home Loan Bank membership to small credit unions and CDFIs change lending availability in underserved communities?
- 02
What evidence supports the assumption that tying executive compensation to affordable housing investments will increase affordable unit production?
- 03
How would the costs of expanded Federal Home Loan Bank activities be distributed among current members and taxpayers?
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Sponsor · D-NV
Catherine Cortez Masto
Citizen cosponsors
0
In Congress
0/ 100
Senators cosponsoring
Introduced 2025-04-10
Legislative timeline
2025-04-10 · senate · IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-04-10 · IntroReferral
Introduced in Senate
Citizen comments
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