S. 1439In Committee

Federal Home Loan Banks' Mission Activities Act

Expands Federal Home Loan Bank mission activities by increasing affordable housing support, broadening membership for certain institutions, and setting executive compensation standards

What this bill does

Expands Federal Home Loan Bank mission activities by increasing affordable housing support, broadening membership for certain institutions, and setting executive compensation standards

Key points
  • Require executive compensation guidelines
  • Allow membership for small credit unions
  • Allow advances for small business activities
  • Increase affordable housing contributions

Where it stands

Status
In Committee
Latest action
2025-04-10Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Topics and policy areas

undefinedFinance and Financial Sector