Increases mandatory contributions from Federal Home Loan Banks to the Affordable Housing Program.

Federal HB10325 amends the Federal Home Loan Bank Act to increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program. The bill specifies that starting in 2026, the contribution will be 15 percent of the preceding year's net income, ensuring an annual contribution of at least $100,000,000. This change extends the timeframe for these contributions from 2025 to subsequent years.

Increases mandatory contributions from Federal Home Loan Banks to the Affordable Housing Program.

Federal HB10325 amends the Federal Home Loan Bank Act to increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program. The bill specifies that starting in 2026, the contribution will be 15 percent of the preceding year's net income, ensuring an annual contribution of at least $100,000,000. This change extends the timeframe for these contributions from 2025 to subsequent years.