BS
Boise Standard
Treasure Valley · AI Directory
12 U.S.C. · Banks and Banking
12 U.S.C. § 4564

Discretionary adjustment of housing goals

Ch. 46 — GOVERNMENT SPONSORED ENTERPRISES
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 46
Statutory Text

12 U.S.C. § 4564 — Discretionary adjustment of housing goals

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 46 - GOVERNMENT SPONSORED ENTERPRISES SUBCHAPTER I - SUPERVISION AND REGULATION OF ENTERPRISES Part B - Additional Authorities of the Director subpart 2 - housing goals Sec. 4564 - Discretionary adjustment of housing goals From the U.S. Government Publishing Office, www.gpo.gov

§4564. Discretionary adjustment of housing goals

(a) Authority An enterprise may petition the Director in writing at any time during a year to reduce the level of any goal or subgoal for such year established pursuant to this subpart. (b) Standard for reduction The Director may reduce the level for a goal or subgoal pursuant to such a petition only if— (1) market and economic conditions or the financial condition of the enterprise require such action; or (2) efforts to meet the goal or subgoal would result in the constraint of liquidity, over-investment in certain market segments, or other consequences contrary to the intent of this subpart, or section 1716(3) of this title or section 301(b)(3) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1451 note), as applicable. (c) Determination The Director shall, promptly upon receipt of a petition regarding a reduction, seek public comment on the reduction for a period of 30 days. The Director shall make a determination regarding any proposed reduction within 30 days after the expiration of such public comment period. The Director may extend such determination period for a single additional 15-day period, but only if the Director requests additional information from the enterprise.

(Pub. L. 102–550, title XIII, §1334, as added Pub. L. 110–289, div. A, title I, §1128(b), July 30, 2008, 122 Stat. 2701.)

Editorial Notes

References in Text Section 301(b)(3) of the Federal Home Loan Mortgage Corporation Act, referred to in subsec. (b)(2), is section 301(b)(3) of Pub. L. 91–351, which is set out as a Short Title and Statement of Purpose note under section 1451 of this title.

Prior Provisions A prior section 4564, Pub. L. 102–550, title XIII, §1334, Oct. 28, 1992, 106 Stat. 3960, related to central cities, rural areas, and other underserved areas housing goal, prior to repeal by Pub. L. 110–289, div. A, title I, §1128(a), July 30, 2008, 122 Stat. 2696.

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC12-SEC-68F288
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
12 U.S.C. § 4564
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
7c89f28f992c0aa8...
Semantic Edges
Pending — corpus passes queued
The statutory text of 12 U.S.C. § 4564 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
Navigate Corpus — Title 12
← 12 U.S.C. § 4563 12 U.S.C. § 4565 →
Ch. 46 — GOVERNMENT SPONSORED ENTERPRISES
12 U.S.C. § 450112 U.S.C. § 450212 U.S.C. § 450312 U.S.C. § 451112 U.S.C. § 451212 U.S.C. § 451312 U.S.C. § 4513a12 U.S.C. § 4513b12 U.S.C. § 451412 U.S.C. § 4514a12 U.S.C. § 451512 U.S.C. § 451612 U.S.C. § 451712 U.S.C. § 451812 U.S.C. § 4518a12 U.S.C. § 451912 U.S.C. § 452012 U.S.C. § 452112 U.S.C. § 452212 U.S.C. § 452312 U.S.C. § 452412 U.S.C. § 452512 U.S.C. § 452612 U.S.C. § 452712 U.S.C. § 452812 U.S.C. § 454112 U.S.C. § 454212 U.S.C. § 454312 U.S.C. § 454412 U.S.C. § 4545
12 U.S.C. — public domain ← All Legislation
◈ Provenance
boisestandard.org → United States → Law → U.S. Code → Title 12 → 12 U.S.C. § 4564