# 12 CFR § 1264.3: Housing associate eligibility requirements

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.3

## Section

- **Citation:** 12 CFR § 1264.3
- **Heading:** Housing associate eligibility requirements
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY > SUBCHAPTER D—FEDERAL HOME LOAN BANKS > PART 1264—FEDERAL HOME LOAN BANK HOUSING ASSOCIATES

## Text

(a) General. A Bank may certify as a housing associate any applicant that meets the following requirements, as determined using the criteria set forth in § 1264.4:
(1) The applicant is approved under title II of the National Housing Act (12 U.S.C. 1707, et seq.);
(2) The applicant is a chartered institution having succession;
(3) The applicant is subject to the inspection and supervision of some governmental agency;
(4) The principal activity of the applicant in the mortgage field consists of lending its own funds; and
(5) The financial condition of the applicant is such that advances may be safely made to it.
(b) State housing finance agencies. In addition to meeting the requirements in paragraph (a) of this section, any applicant seeking access to advances as a SHFA pursuant to § 1266.17(b)(2) of this chapter shall provide evidence satisfactory to the Bank, such as a copy of, or a citation to, the statutes and/or regulations describing the applicant's structure and responsibilities, that the applicant is a state housing finance agency as defined in § 1264.1.
[65 FR 44426, July 18, 2000, as amended at 75 FR 8240, Feb. 24, 2010; 75 FR 76622, Dec. 9, 2010]

## Nearby sections

- [12 CFR § 1260.1 § 1260.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1260.1.md)
- [12 CFR § 1260.2 § 1260.2 Bank information to be shared.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1260.2.md)
- [12 CFR § 1260.3 § 1260.3 Requests to withhold proprietary information.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1260.3.md)
- [12 CFR § 1260.4 § 1260.4 Timing and form of information distribution.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1260.4.md)
- [12 CFR § 1260.5 § 1260.5 Control and disclosure of shared information.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1260.5.md)
- [12 CFR § 1264.1 § 1264.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.1.md)
- [12 CFR § 1264.2 § 1264.2 Bank authority to make advances to housing associates.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.2.md)
- [12 CFR § 1264.3 § 1264.3 Housing associate eligibility requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.3.md)
- [12 CFR § 1264.4 § 1264.4 Satisfaction of eligibility requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.4.md)
- [12 CFR § 1264.5 § 1264.5 Housing associate application process.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.5.md)
- [12 CFR § 1264.6 § 1264.6 Appeals.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.6.md)
- [12 CFR § 1265.1 § 1265.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1265.1.md)
- [12 CFR § 1265.2 § 1265.2 Mission of the Banks.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1265.2.md)
- [12 CFR § 1265.3 § 1265.3 Core mission activities.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1265.3.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1264.3. Check the current official text before relying on it. Not legal advice.