---
kind: "section"
citation: "12 C.F.R. § 1263.13"
title: "12"
number: "1263.13"
heading: "Home financing policy requirement."
url: "https://uscodex.org/cfr/12/1263.13"
---

# §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)](/usc/12/1424.md?p=a-2-C)) and [§ 1263.6(a)(6)](/cfr/12/1263.6.md?p=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.

## Notes

### Authority

Authority: 12 U.S.C. 1422, 1423, 1424, 1426, 1430, 1442, 4511, 4513.

### Source

Source: 81 FR 3277, Jan. 20, 2016, unless otherwise noted.