FHLBank System at 100: Focusing on the Future

Housing Finance
Published
Contact: Jessica Lynch
[email protected]
VP, Housing Finance
(202) 266-8401

In August 2022, the Federal Housing Finance Agency (FHFA) launched the FHLBank System at 100: Focusing on the Future initiative, the first comprehensive review of the Federal Home Loan Bank System (System) in decades.

Throughout this process, FHFA undertook a significant analysis of changes that might be warranted to ensure the 11 Federal Home Loan Banks (FHLBanks) are well positioned to fulfill their mission in the years ahead. The initiative involved significant stakeholder outreach, a historical review of the role of the FHLBanks and detailed analysis of both the strengths and areas for improvement in the System’s current structure.

FHFA’s vision for the future is to have an effectively governed System that efficiently provides stable and reliable funding to creditworthy members and delivers innovative products and services to support the housing and community development needs of the communities its members serve, all in a safe and sound manner.

More than 230 people spoke at listening sessions held by FHFA or participated in one of the 19 regional roundtable discussions. Nearly 600 stakeholders provided written input. Early in the process, 2022 NAHB Chairman Jerry Konter spoke at a listening session, and NAHB submitted written recommendations for consideration.

In the report released today, FHFA presents the actions that it plans to pursue in service of this vision.

The report categorizes these actions under four broad themes. The themes are:

  1. Mission of the FHLBank System
  2. Stable and reliable source of liquidity
  3. Housing and community development
  4. FHLBank System operational efficiency, structure, and governance

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Workforce Development | HBA | Codes and Standards | Sustainability and Green Building

Aug 21, 2025

Santa Fe Students Build ‘Tiny’ Homes to Test Energy Efficiency Codes

To benefit the community and provide students hands-on construction experience, the Santa Fe Area Home Builders Association recently completed the Northern New Mexico Ice Box Challenge.

Economics | Housing Affordability

Aug 21, 2025

New and Existing Homes Remain Largely Unaffordable in Second Quarter

While new homes remain largely unaffordable, builder efforts to improve housing affordability paid dividends in the second quarter of 2025, according to the latest data from the NAHB/Wells Fargo Cost of Housing Index (CHI). The CHI results from the second quarter of 2025 show that a family earning the nation’s median income of $104,200 needed 36% of its income to cover the mortgage payment on a median-priced new home. Low-income families, defined as those earning only 50% of median income, would have to spend 71% of their earnings to pay for the same new home.

View all

Latest Economic News

Economics

Aug 22, 2025

Slight Gains for Townhouse Construction

Townhouse construction expanded more than 9 percent on a year-over-year basis per data from the second quarter of 2025.

Economics

Aug 21, 2025

Existing Home Sales Rise in July

Existing home sales rebounded in July as mortgage rates retreated from the recent peak and home price growth slowed, according to the National Association of Realtors (NAR).

Economics

Aug 21, 2025

New and Existing Homes Remain Largely Unaffordable in Second Quarter

While new homes remain largely unaffordable, builder efforts to improve housing affordability paid dividends in the second quarter of 2025, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI).