The Federal Housing Finance Agency (FHFA) announced its intent to establish a federal advisory committee on affordable, equitable and sustainable housing. The FHFA said the committee will provide advice and input regarding housing needs and any regulatory or policy changes.
The committee’s activities will focus on FHFA’s regulated entities, including Fannie Mae, Freddie Mac, (the GSEs) and the Federal Home Loan Banks (FHLB). Additionally, the committee will focus on providing a reliable source of liquidity and funding to support housing finance in the single-family and multifamily housing markets, FHFA said.
“The formation of an advisory committee will better position FHFA to fulfill its strategic goal of supporting access to affordable, equitable, and sustainable housing,” FHFA Director Sandra Thompson said in a release. “Today’s announcement exemplifies our commitment to transparency, ongoing dialogue with stakeholders and the public, and thoughtful policymaking that connects equitable access with safety and soundness.”
The FHFA said it is seeking members for this committee who are engaged in the financing, development or administration of affordable, equitable, and sustainable housing and housing policy and who have relevant expertise applicable to the GSEs or FHLB.