[Federal Register Volume 77, Number 245 (Thursday, December 20, 2012)]
[Rules and Regulations]
[Pages 75361-75362]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-30481]



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  Federal Register / Vol. 77, No. 245 / Thursday, December 20, 2012 / 
Rules and Regulations  

[[Page 75361]]



FEDERAL HOUSING FINANCE AGENCY

12 CFR Part 1282

RIN 2590-AA49


2012-2014 Enterprise Housing Goals

AGENCY: Federal Housing Finance Agency.

ACTION: Final rule; correction.

-----------------------------------------------------------------------

SUMMARY: This document reprints, in a more readable format, a table 
displaying the new benchmark levels for the single-family housing goals 
for 2012, 2013 and 2014 that originally appeared in the final rule 
published in the Federal Register on November 13, 2012 entitled ``2012-
2014 Enterprise Housing Goals.''

DATES: Effective December 20, 2012.

FOR FURTHER INFORMATION CONTACT: Paul Manchester, Principal Economist, 
(202) 649-3115; Ian Keith, Senior Program Analyst, (202) 649-3114; 
Office of Housing and Regulatory Policy; Jay Schultz, Senior Economist, 
(202) 649-3117, Office of National Mortgage Database; Kevin Sheehan, 
Assistant General Counsel, (202) 649-3086, Office of General Counsel. 
These are not toll-free numbers. The mailing address for each contact 
is: Office of General Counsel, Federal Housing Finance Agency, Eighth 
Floor, 400 Seventh Street SW., Washington, DC 20024. The telephone 
number for the Telecommunications Device for the Hearing Impaired is 
(800) 877-8339.

SUPPLEMENTARY INFORMATION:

Summary of Correction

    The SUPPLEMENTARY INFORMATION of the final rule establishing the 
Enterprise housing goals for 2012 through 2014, published on November 
13, 2012, at 77 FR 67535, included a table on pages 67536-67537 that 
displayed the new benchmark levels for the single-family housing goals 
for 2012, 2013 and 2014. The table's format did not clearly convey that 
the benchmark levels for 2012 and 2014 are, in fact, the same as the 
levels for 2013, as indicated in the accompanying discussion and final 
rule. To clearly indicate the goal levels for 2012 and 2014, the table 
is being reprinted with the goal levels in the columns for all three 
years. The newly formatted table is displayed below.

Correction

    In FR Doc. 12-27121, appearing on page 67535 in the Federal 
Register of Tuesday, November 13, 2012, make the following correction. 
On pages 67536-67537, correct the table to read as follows:

----------------------------------------------------------------------------------------------------------------
                                                                       2012            2013            2014
----------------------------------------------------------------------------------------------------------------
Low-income home purchase goal:
    Proposed rule...............................................             20%             20%             20%
    Final rule..................................................             23%             23%             23%
Very-low income home purchase goal:
    Proposed rule...............................................              7%              7%              7%
    Final rule..................................................              7%              7%              7%
Low-income areas home purchase subgoal:
    Proposed rule...............................................             11%             11%             11%
    Final rule..................................................             11%             11%             11%
Low-income areas home purchase goal:
    Proposed rule...............................................             20%              NA              NA
    Final rule..................................................             20%              NA              NA
Low-income refinance goal:
    Proposed rule...............................................             21%             21%             21%
    Final rule..................................................             20%             20%             20%
Multifamily special affordable goals (low-income units):
    Fannie Mae
        Proposed rule...........................................         251,000         245,000         223,000
        Final rule..............................................         285,000         265,000         250,000
    Freddie Mac
        Proposed rule...........................................         191,000         203,000         181,000
        Final rule..............................................         225,000         215,000         200,000
Multifamily special affordable subgoals (very low-income units):
    Fannie Mae
        Proposed rule...........................................          60,000          59,000          53,000
        Final rule..............................................          80,000          70,000          60,000
    Freddie Mac
        Proposed rule...........................................          32,000          31,000          27,000
        Final rule..............................................          59,000          50,000          40,000
----------------------------------------------------------------------------------------------------------------



[[Page 75362]]

    Dated: December 11, 2012.
Edward J. DeMarco,
Acting Director, Federal Housing Finance Agency.
[FR Doc. 2012-30481 Filed 12-19-12; 8:45 am]
BILLING CODE 8070-01-P