12 CFR § 1291.40 - Establishment of programs.

---
identifier: "/us/cfr/t12/s1291.40"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1291.40 - Establishment of programs."
title_number: 12
title_name: "Banks and Banking"
section_number: "1291.40"
section_name: "Establishment of programs."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "E"
subchapter_name: "HOUSING GOALS AND MISSION"
part_number: "1291"
part_name: "FEDERAL HOME LOAN BANKS' AFFORDABLE HOUSING PROGRAM"
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. 1430(j)."
regulatory_source: "83 FR 61231, Nov. 28, 2018, unless otherwise noted."
cfr_part: "1291"
---


# 1291.40 Establishment of programs.

A Bank may establish, in its discretion, one or more Homeownership Set-Aside Programs pursuant to the requirements of this part.