FHFA To Create Advisory Committee On Affordable, Equitable, & Sustainable Housing

The Federal Housing Finance Agency (FHFA) on Tuesday 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, such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. 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,” said FHFA Director Sandra L. Thompson. “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 who are engaged in the financing, development, and/or administration of affordable, equitable & sustainable housing and housing policy, and who have relevant expertise, applicable to the GSEs or the FHLBs. 

Relevant expertise includes experience in one of the following areas: Fair housing, fair lending or civil rights, multifamily lending, tenant advocacy, market technology, and academic housing research. Other expertise examples can be found here.