�౦��Ϸ����

Summary:

The Affordable Mortgage Lending Guide, Part II (Guide), describes programs offered by State Housing Finance Agencies across the country. The Guide focuses on first-lien mortgage products, down payment and closing assistance, mortgage tax credit certificates, and homeownership education and counseling programs that can facilitate mortgage lending by insured depository institutions.

The Guide, Part I and Part II, can be downloaded from the Affordable Mortgage Lending Center .

Statement of Applicability to Institutions with Less Than $1 Billion in Assets: This Financial Institution Letter applies to all �౦��Ϸ����-insured institutions.

Highlights:

• The Affordable Mortgage Lending Guide Part II: State Housing Finance Agencies is designed as a resource for community banks to gain an overview of a variety of products, to compare different products, and to help identify the next steps for any bank seeking to expand or initiate mortgage lending. Order online at (Banking Resources).
• The Guide also can be downloaded at the Affordable Mortgage Lending Center (Center) ( /mortgagelending ), which provides easy access to all of the program information found in the Guide.
• The Guide describes State Housing Finance Agency products for single-family housing that support home purchase, down payment and closing cost assistance, mortgage tax credit certificates, as well as homeownership education and counseling programs.
• Part II provides an individual summary of each State Housing Finance Agency, listing programs offered and providing web links for easy reference by bankers doing business in that state.
• The Affordable Mortgage Lending Guide Part I: Federal Agencies and Government Sponsored Enterprises and Part II: State Housing Finance Agencies are available now. Part III: Federal Home Loan Banks will be posted to the Affordable Mortgage Lending Center later in 2016.
• Sign up online to receive notices of Center updates at

Distribution:

• �౦��Ϸ����-Insured Institutions (Commercial and Savings)

Suggested Routing:

• Chief Executive Officer
• Chief CRA Officer
• Chief Lending Officer

Email:

• mortgagelending@fdic.gov

Paper copies may be obtained through the �౦��Ϸ����'s Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).