12 CFR § 1263.13 - Home financing policy requirement.

---
identifier: "/us/cfr/t12/s1263.13"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1263.13 - Home financing policy requirement."
title_number: 12
title_name: "Banks and Banking"
section_number: "1263.13"
section_name: "Home financing policy requirement."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "D"
subchapter_name: "FEDERAL HOME LOAN BANKS"
part_number: "1263"
part_name: "MEMBERS OF THE BANKS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1422, 1423, 1424, 1426, 1430, 1442, 4511, 4513."
regulatory_source: "81 FR 3277, Jan. 20, 2016, unless otherwise noted."
cfr_part: "1263"
---


# 1263.13 Home financing policy requirement.

(a) *Standard.* An applicant shall be deemed to be in compliance with the home financing policy requirements of section 4(a)(2)(C) of the Bank Act (12 U.S.C. 1424(a)(2)(C)) and § 1263.6(a)(6), if the applicant has received a CRA rating of “Satisfactory” or better on its most recent CRA performance evaluation.

(b) *Written justification required.* An applicant that is not subject to the CRA shall file, as part of its application for membership, a written justification acceptable to the Bank of how and why the applicant's home financing policy is consistent with the Bank System's housing finance mission.