,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #dgia  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #cj1 #bjad ,mrs4 
,c>olyn ,b4 ,maloney ( ,new ,york       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to am5d section #accc ( !      
,f$]al ,h\s+ ,ent]prises ,f9ancial      
,safety & ,s\ndness ,act ( #aiib to     
ensure t multifamily h\s+ mortgage      
pur*ases by ,fannie ,mae & ,fr$die ,mac 
t are cr$it$ t[>d fulfillm5t ( su*      
ent]prises multifamily special af=dable 
h\s+ goal increase or pres]ve ! numb] ( 
dwell+ units af=dable to l[-income      
families4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,responsible ,,gse         
,af=dable ,h\s+ ,inve/m5t ,act ( #bjad4 
#b4 ,compliance ) multifamily special   
af=dable h\s+ goal  7a7 ,9 g5]al        
,subsection 7d7 ( section #accc ( !     
,f$]al ,h\s+ ,ent]prises ,f9ancial      
,safety & ,s\ndness ,act ( #aiib 7#ab   
,u4,s4,c4 #defc7 is am5d$--  7#a7 by    
/rik+ ! subsection designation & all t  

foll[s ?r\gh ,! ,director & ins]t+ !    
foll[+3  7d7 ,det]m9ation ( compliance  
7#a7 ,9 g5]al ,! ,director  2 &  7#b7 by
 add+ at ! end ! foll[+ new p>agraph3   
7#b7 ,r$uction ( cr$it = conv]sion to   
non-af=dable units ,! ,director %all1 by
 regulation1 e/abli% /&>ds = !          
multifamily special af=dable h\s+ goal  
"u ?is section t proportionately r$uce !
 numb] ( units receiv+ cr$it = any      
mortgage pur*ase by an ent]prise t      
facilitates ! conv]sion ( dwell+ units  
t1 at ! "t ( su* pur*ase1 are available 
= r5tal at rates t are af=dable to      
l[-income families to dwell+ units t    
w\ld n be af=dable to l[-income         
families4 ,su* regulations %all consid] 
& include ! foll[+ factors3  7,a7       
,limitation bas$ on project debt ,cr$it 
%all n be provid$ t[>d ! a*ievem5t ( su*
 goal = any mortgage pur*ase =          
multifamily h\s+ t involves an aggregate
 am\nt ( project debt t is n reasonable1
 z det]m9$ 9 accordance ) prud5t        
und]writ+ /&>ds e/abli%$ by ! ,director1

 9 proportion to project income1 z      
docum5t$ 9 accordance ) ! /&>ds e/abli%$
 "u ?is subsection4  7,b7 ,treatm5t (   
securities ,9 ! case ( any pur*ase by an
 ent]prise ( a security1 or an int]e/ 9 
a security1 t is back$ by mortgages t   
f9ance units t w\ld o!rwise qualify =   
cr$it t[>d ! a*ievem5t ( ! multifamily  
special af=dable h\s+ goal if f9anc$    
directly by ! ent]prise1 if ! ,director 
det]m9es t su* pur*ase may be c\nt$ t[>d
 ! a*ievem5t ( ! goal "u ?is section1 ! 
,director %all require ! ent]prise to   
apply ! same /&>d z set =? 9 subp>agraph
 7,a7 ) respect to mortgage pur*ases to 
! mortgages back+ su* security to       
det]m9e :e!r ! units f9anc$ by su*      
mortgages are eligible = cr$it t[>d !   
a*ievem5t ( ! h\s+ goal4  7,c7 ,r5t     
levels ,9 measur+ ! p]=mance ( ea*      
ent]prise 9 meet+ ! goal e/abli%$ "u ?is
 section1 r5t levels = units %all be    
calculat$ by us+ ! great] ( ! r5t levels
 at ! "t ! loan is pur*as$ or ! r5t     
levels "u ! pro =ma op]at+ income       

/atem5t on :i* ! und]writ+ = ! loan 0   
bas$4  7,d7 ,c>ryov] ,if ! ,director    
provides cr$it t[>d ! a*ievem5t ( !     
multifamily special af=dable h\s+ goal  
"u ?is section1 = any ye>1 = any        
mortgage pur*ase by an ent]prise1 b     
det]m9es at any "t !reaft] t1 because ( 
failure to comply ) ! /&>ds e/abli%$ "u 
subp>agraphs 7,a7 & 7,b71 su* pur*ase   
does n qualify = su* cr$it or does n    
qualify = su* cr$it to ! ext5t previ\sly
 provid$1 ! ,director %all increase !   
multifamily special h\s+ goal = su*     
ent]prise = ! curr5t or ensu+ ye>       
o!rwise applicable to ! ext5t ( su*     
nonqualification4  4  7b7 ,regulations  
,! ,director ( ! ,f$]al ,h\s+ ,f9ance   
,ag5cy %all issue regulations requir$ "u
 p>agraph 7#b7 ( section #accc7;d7 ( !  
,f$]al ,h\s+ ,ent]prises ,f9ancial      
,safety & ,s\ndness ,act ( #aiib1 z add$
 by subsection 7a7 ( ?is section1 n lat]
 ?an ! expiration ( ! #ahj-;day p]iod   
beg9n+ ^u ! date ( ! enactm5t ( ?is     
,act4