12 CFR § 1291.65 - Transfer of Program administration.

---
identifier: "/us/cfr/t12/s1291.65"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1291.65 - Transfer of Program administration."
title_number: 12
title_name: "Banks and Banking"
section_number: "1291.65"
section_name: "Transfer of Program administration."
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"
---


# 1291.65 Transfer of Program administration.

Without limitation on other remedies, FHFA, upon determining that a Bank has engaged in mismanagement of its Program, may designate another Bank to administer all or a portion of the first Bank's annual AHP contribution, for the benefit of the first Bank's members, under such terms and conditions as FHFA may prescribe.