12 CFR § 1291.41 - Eligible applicants.

---
identifier: "/us/cfr/t12/s1291.41"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1291.41 - Eligible applicants."
title_number: 12
title_name: "Banks and Banking"
section_number: "1291.41"
section_name: "Eligible applicants."
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"
---


# 1291.41 Eligible applicants.

A Bank shall accept applications for AHP direct subsidy under its Homeownership Set-Aside Programs only from institutions that are members of the Bank at the time the application is submitted to the Bank.