The Federal Home Loan Bank Act requires the Federal Housing Finance Agency (FHFA) to establish a Community Support Program (CSP) for FHLBank Topeka members. CSP regulations set forth standards of community investment or services allowing FHLBank members to maintain continued access to long-term advances (term to maturity greater than one year). The CSP requires FHLBank members to submit a Community Support Statement (CSS) to FHFA documenting a member’s Community Reinvestment Act of 1977 [12 U.S.C. §2901 et seq.] (CRA) performance and support of first-time homebuyers.
Look for information in early 2021 for the next community support round.
If you have any questions, contact Jennifer Bohnenkemper, Community Programs and Records Specialist, at 785.478.8063 or at email@example.com.