Sept 13 -- The Federal Housing Finance Agency is seeking individuals to serve on the Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee). It is estimated that the Committee will meet at least twice annually to advise FHFA regarding affordable, equitable, and sustainable housing. Recommendations by the Committee help inform FHFA's perspective on regulatory, guidance, or policy changes that may be necessary to expand affordable, equitable, and sustainable housing, with a focus on FHFA's regulated entities and their respective roles in providing a reliable source of liquidity and funding for housing finance and community investment including both single-family and multifamily housing. FHFA will consider applications or nominations received before or on October 13, 2023.
In accordance with the Federal Advisory Committee Act (FACA) (5 U.S.C. 10), FHFA has established the Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee). The Committee will provide advice and input regarding affordable, equitable, and sustainable housing needs, barriers to access, barriers to long-term sustainability, and any regulations, guidance, or policy changes that may be necessary to expand affordable, equitable, and sustainable housing. The Committee will better position FHFA to fulfill its strategic goal of supporting access to affordable, equitable, and sustainable housing. These interests will focus on FHFA's regulated entities—Fannie Mae, Freddie Mac, and the Federal Home Loan Banks—and their respective roles in providing liquidity and funding to support housing finance in the single-family and multifamily housing markets.
The Committee will consist of approximately 20 members, serving two-year terms which may be extended at the discretion of the Agency. Members will serve at the sole discretion of the Director. To achieve a fairly balanced membership, FHFA will seek members representative of diverse communities, points of view, organizational size, and geographical location with expertise in affordable, sustainable, or equitable housing in single-family and multifamily housing. The Committee will include members with expertise in at least one of the seven areas related to duties of the Committee:
1. Fair lending, fair housing, or civil rights;
2. Single-family lending, servicing, development, mortgages, or capital markets;
3. Multifamily lending, servicing, development, mortgages, capital markets, or investments (e.g.,Low-Income Housing Tax Credits);
4. Consumer, tenant, or community advocacy;
5. Housing market technology;
6. State, local, or tribal government housing policies and programs; and
7. Academic or non-academic affiliated housing research.
The Committee may also include special government employees (SGEs) and representative members. Membership balance is not static and may change to reflect the current work of the Committee. When selected, SGEs serve as special subject matter experts and provide their own personal and independent judgement, in a manner that is free from any conflict of interest as determined by law and regulation.
FHFA Advisory Committee:
https://www.fhfa.gov/PolicyProgramsResearch/Programs/Pages/Fed-Adv-Committee-AES-Housing.aspx
FACAdatabase on committee:
https://www.facadatabase.gov/FACA/s/FACACommittee/a10t000000LZF0rAAH/com040568
FRN:
https://www.federalregister.gov/d/2023-19805