FACACLASSIC

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FHFA - 84665 - Advisory Committee on Affordable, Equitable, and Sustainable Housing - Agency Authority

GENERAL INFORMATION

Committee Name	Advisory Committee on Affordable, Equitable, and Sustainable Housing	Agency Name	Federal Housing Finance Agency
Fiscal Year	2025	Committee Number	84665
Original Establishment Date	9/12/2022	Committee Status	Terminated
Actual Termination Date	6/24/2025	Committee URL	https://www.fhfa.gov/programs/acaesh
Actual Merged Date		Presidential Appointments*	No
New Committee This FY	No	Max Number of Members*	20
Terminated This FY	Yes	Designated Fed Officer Position Title*	DFO
Merged This FY		Designated Federal Officer Prefix
Current Charter Date	8/9/2024	Designated Federal Officer First Name*	Paul
Date Of Renewal Charter	8/9/2026	Designated Federal Officer Middle Name	Jose
Projected Termination Date		Designated Federal Officer Last Name*	Theruviparampil
Exempt From Renewal*	No	Designated Federal Officer Suffix
Specific Termination Authority	Agency Authority	Designated Federal Officer Phone*	(202) 649-3982
Establishment Authority*	Agency Authority	Designated Federal Officer Fax*
Specific Establishment Authority*	Agency Authority	Designated Federal Officer Email*	paul.theruviparampil@fhfa.gov
Effective Date Of Authority*	8/8/2024
Exempt From EO 13875 Discretionary Cmte	Not Applicable
Committee Type*	Continuing
Presidential*	No
Committee Function*	Non Scientific Program Advisory Board

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation*	Terminate
Legislation to Terminate Required	Not Applicable
Legislation Status	Not Applicable
How does cmte accomplish its purpose?*	The purpose of the Committee is to advise FHFA in the exercise of its functions, regarding affordable, equitable, and sustainable housing, including but not limited to, affordable, equitable, and sustainable housing needs, barriers to access, barriers to long-term sustainability, and any regulatory, guidance, or policy changes that may be necessary to expand affordable, equitable, and sustainable housing, with a focus on FHFA’s regulated entities – Fannie Mae, Freddie Mac, and the Federal Home Loan Banks – 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. The scope of the Committee’s activities shall include providing information and analysis in support of recommendations to FHFA. Each committee meeting may inform any or all of the following: FHFA’s policy development, rulemaking, or community and public engagement functions as they relate to affordable, equitable, and sustainable housing.
How is membership balanced?*	To ensure diverse points of view and relevant expertise on the Committee, its membership should include individuals representing financial institutions, trade associations, or organizations engaged in the financing, development, and/or administration of affordable, equitable, and sustainable housing and housing policy, including but not limited to: the three Duty to Serve Underserved Markets (rural housing, manufactured housing, and affordable housing preservation); and financing of environmental, social, and governance (ESG) or social bond financial instruments. FHFA would seek members with the relevant expertise, applicable to Fannie Mae, Freddie Mac, or the Federal Home Loan Banks, from the following areas: 1. fair housing, fair lending, or civil rights; 2. single-family lending, servicing, development, mortgages, or capital markets; 3. multifamily lending, servicing, development, mortgages, capital markets, or investments (i.e. 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; 7. academic or non-academic affiliated housing research.
How frequent & relevant are cmte mtgs?*	Committee meetings will be held at least twice per year.
Why advice can't be obtained elsewhere?*	While other federal regulators convene advisory committees that include some discussion related to housing, none of these committees focuses on the affordable housing activities of the secondary mortgage market including Fannie Mae and Freddie Mac (the Enterprises), and the Federal Home Loan Banks, nor do they apply the dual responsibilities of mission and safety and soundness found within the Federal Housing Finance Agency (FHFA). FHFA frequently engages in outreach initiatives to gather information from relevant stakeholders. These initiatives include statutorily required public comment periods seeking written comments, stakeholder listening sessions, and other meetings. Unlike those other methods, the Committee would provide a formal communication channel between FHFA and the affordable, sustainable, and equitable housing community, by which stakeholders would provide advice to FHFA in a group setting rather than by individual channels.
Why close or partially close meetings?	Meetings will be open to the public, except as determined otherwise by the Director or other official to whom this authority has been delegated, in accordance with guidelines under the Government Sunshine Act, 5 U.S.C. 552b(c) and the FACA.
Recommendation Remarks	The first meeting of the Committee, scheduled for September 10-11, 2024, was postponed. Future meeting dates will be announced in the Federal Register. A Committee chairperson has not yet been selected.

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety*	No	Action Reorganize Priorities*	No
Outcome Trust In Government	No	Action Reallocate Resources	No
Outcome Major Policy Changes	No	Action Issued New Regulations	No
Outcome Advance In Scientific Research	No	Action Proposed Legislation	No
Outcome Effective Grant Making	No	Action Approved Grants Or Other Payments	No
Outcome Improved Service Delivery	No	Action Other	No
Outcome Increased Customer Satisfaction	No	Action Comment	N/A
Outcome Implement Laws/Reg Requirements	No	Grants Review*	No
Outcome Other	No	Number Of Grants Reviewed	0
Outcome Comment	N/A	Number Of Grants Recommended	0
Cost Savings*	None	Dollar Value Of Grants Recommended	$0.00
Cost Savings Comment	N/A	Grants Review Comment	N/A
Number Of Recommendations*	0	Access Contact Designated Fed. Officer*	Yes
Number Of Recommendations Comment	N/A	Access Agency Website	Yes
% of Recs Fully Implemented*	0.00%	Access Committee Website	Yes
% of Recs Fully Implemented Comment	N/A	Access GSA FACA Website	Yes
% of Recs Partially Implemented*	0.00%	Access Publications	No
% of Recs Partially Implemented Comment	N/A	Access Other	No
Agency Feedback*	Not Applicable	Access Comment	N/A
Agency Feedback Comment*	The committee has not met yet.	Narrative Description*	The Committee will advise FHFA in the exercise of its functions, regarding affordable, equitable, and sustainable housing, including but not limited to, affordable, equitable, and sustainable housing needs, barriers to access, barriers to long-term sustainability, and any regulatory, guidance, or policy changes that may be necessary to expand affordable, equitable, and sustainable housing, with a focus on FHFA’s regulated entities – Fannie Mae, Freddie Mac, and the Federal Home Loan Banks – 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.

COSTS

1. Payments to Non-Federal Members*	$0.00	1. Est Paymnts to Non-Fed Membrs Nxt FY*	$0.00
2. Payments to Federal Members*	$0.00	2. Est. Payments to Fed Members Next FY*	$0.00
3. Payments to Federal Staff*	$0.00	3. Estimated Payments to Federal Staff*	$0.00
4. Payments to Consultants*	$0.00	4. Est. Payments to Consultants Next FY*	$0.00
5. Travel Reimb. For Non-Federal Membrs*	$0.00	5. Est Travel Reimb Non-Fed Membr nxtFY*	$0.00
6. Travel Reimb. For Federal Members*	$0.00	6. Est Travel Reimb For Fed Members*	$0.00
7. Travel Reimb. For Federal Staff*	$0.00	7. Est. Travel Reimb to Fed Staf Nxt FY*	$0.00
8. Travel Reimb. For Consultants*	$0.00	8. Est Travel Reimb to Consltnts Nxt FY*	$0.00
10. Other Costs	$0.00	10. Est. Other Costs Next FY*	$0.00
11. Total Costs	$0.00	11. Est. Total Next FY*	$0.00
Date Cost Last Modified	6/10/2025 10:21 AM	Est. Fed Staff Support Next FY*	0.00
Federal Staff Support (FTE)*	0.00	Est Cost Remarks	Committee is terminated
Cost Remarks	Committee is terminated

Interest Areas

Category Area Agriculture Rural Development Finance Banking Credit Finance Investment Securities Housing and Urban Housing and Urban Development

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