The Federal Housing Finance Agency's (FHFA) regulations on minority and women inclusion require the Federal Home Loan Banks (Banks) and the Office of Finance to include in the contents of their annual reports certain demographic information related to their boards of directors as well as a description of their related activities during the reporting year.
Under the regulations, each Bank and the Office of Finance are required to request annually that each member of its board of directors provide, on a voluntary basis, self-identification of his or her demographic classification, without including personally identifiable information. Each Bank and the Office of Finance are also required to submit the baseline board demographic information collected to FHFA as part of their annual reports that they are required to submit under the regulations.
EO: EO 11478 Name/Subject of EO: Equal employment opportunity in the Federal Government
US Code:
12 USC 4520
Name of Law: Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended
US Code:
12 USC 1833e
Name of Law: null
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.