Raises Federal Home Loan Banks' affordable housing payments

Starting in 2026, Federal Home Loan Banks would pay 15 percent of the prior year's net income into the Affordable Housing Program, at least $100 million a year in total.

• In 2026 and later, banks would contribute 15 percent of the prior year's net income
• The combined contribution each year would be at least $100,000,000
• The earlier contribution amount would stay in place through 2025

In committee

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