119th Congress · introduced in the Senate · Apr 10, 2025
Federal Home Loan Banks' Mission Activities Act
Official title from Congress.gov
Latest action (Apr 10, 2025): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
View on Congress.govPolicy area: Finance and Financial Sector
Congressional Research Service summary, version: Introduced in Senate (Apr 10, 2025)
Federal Home Loan Banks' Mission Activities Act
This bill expands the Federal Home Loan Bank (FHLB) program that supports affordable housing, allows additional financial institutions to qualify for FHLB membership, and establishes compensation guidelines for FHLB executive officers. The 11 regional FHLBs serve as government-sponsored enterprises to support mortgage lending and related community investment through advances to member financial institutions.
First, each FHLB must increase the annual amount contributed to the affordable housing program or other community development programs.
The bill also allows small credit unions and community development financial institutions to (1) qualify for FHLB membership by meeting reduced requirements, and (2) use advances for purposes other than mortgages, such as for small business activities.
Finally, the compensation for FHLB executive officers must be reasonable and comparable to compensation for similar positions at similar institutions. In determining such compensation, the FHLB must consider the level of investment in affordable housing and community programs.
No cosponsors.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Actions from Congress.gov, newest first.
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
6 citations.
MORTGAGE BANKERS ASSOCIATION · lobbying firm or registrant: MORTGAGE BANKERS ASSOCIATION
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Banking
$840,000
Spent on own lobbying
…stigative Demand (CID) Reform Act of 2025 H.R. 3230Financial Institution Regulatory Tailoring Enhancement Act H.R. 9761071 Repeal to Protect Small Business Act S. 1439 Federal Home Loan Banks' Mission Activities Act H.R. 1777SECURE Remote Online Notarization Act H.R. 3682FSOC Improvement Act Basel III and bank capital issues…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
MORTGAGE BANKERS ASSOCIATION · lobbying firm or registrant: MORTGAGE BANKERS ASSOCIATION
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 21, 2026 · issue area: Banking
$1,220,000
Spent on own lobbying
…ization Act H.R. 3230Financial Institution Regulatory Tailoring Enhancement Act H.R. 3682FSOC Improvement Act H.R. 9761071 Repeal to Protect Small Business Act S. 1439Federal Home Loan Banks' Mission Activities Act H.R. 6955Main Street Capital Access Act H.R. 941Small Lenders Exempt from New Data and Excessive Reporting Act o…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
MORTGAGE BANKERS ASSOCIATION · lobbying firm or registrant: MORTGAGE BANKERS ASSOCIATION
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 21, 2026 · issue area: Banking
$770,000
Spent on own lobbying
…tion Act H.R. 3230 Financial Institution Regulatory Tailoring Enhancement Act H.R. 3682 FSOC Improvement Act H.R. 976 1071 Repeal to Protect Small Business Act S. 1439Federal Home Loan Banks' Mission Activities Act Basel III and bank capital issues H.R. 941/1806 Small Lenders Exempt from New Data and Excessive Reporting Act o…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
MORTGAGE BANKERS ASSOCIATION · lobbying firm or registrant: MORTGAGE BANKERS ASSOCIATION
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 21, 2026 · issue area: Banking
$710,000
Spent on own lobbying
…y Protection Act H.R. 1777 SECURE Remote Online Notarization Act H.R. 976 End Small Business Reporting Requirements Public Law 95-508 Fair Credit Reporting Act S. 1439Federal Home Loan Banks' Mission Activities Act H.R. 3682 FSOC Improvement Act H.R. 3230 Financial Institution Regulatory Tailoring Enhancement Act
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
MORTGAGE BANKERS ASSOCIATION · lobbying firm or registrant: MORTGAGE BANKERS ASSOCIATION
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 21, 2025 · issue area: Banking
$560,000
Spent on own lobbying
…y Protection Act H.R. 1777 SECURE Remote Online Notarization Act H.R. 976 End Small Business Reporting Requirements Public Law 95-508 Fair Credit Reporting Act S. 1439Federal Home Loan Banks' Mission Activities Act H.R. 3682 FSOC Improvement Act
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
MORTGAGE BANKERS ASSOCIATION · lobbying firm or registrant: MORTGAGE BANKERS ASSOCIATION
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 22, 2025 · issue area: Banking
$600,000
Spent on own lobbying
…y Protection Act H.R. 1777 SECURE Remote Online Notarization Act H.R. 976 End Small Business Reporting Requirements Public Law 95-508 Fair Credit Reporting Act S. 1439Federal Home Loan Banks' Mission Activities Act
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing