---
kind: "section"
citation: "12 U.S.C. § 4561"
title: "12"
title_heading: "Banks and Banking"
number: "4561"
heading: "Establishment of housing goals"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/4561"
units:
  - "Chapter 46 — Government Sponsored Enterprises"
  - "Subchapter I — Supervision and Regulation of Enterprises"
  - "Part B — Additional Authorities of the Director"
  - "Subpart 2 — housing goals"
---

# §4561. Establishment of housing goals

- (a) **In general—** The [Director](/usc/12/4502.md?p=9) shall, by regulation, establish effective for 2010 and each year thereafter, annual housing goals, with respect to the [mortgage purchases](/usc/12/4502.md?p=17) by the [enterprises](/usc/12/4502.md?p=10), as follows:
  - (1) **Single-family housing goals—** Four single-family housing goals under [section 4562 of this title](/usc/12/4562.md).
  - (2) **Multifamily special affordable housing goal—** One multifamily special affordable housing goal under [section 4563 of this title](/usc/12/4563.md).
- (b) **Timing—** The [Director](/usc/12/4502.md?p=9) shall, by regulation, establish an annual deadline by which the [Director](/usc/12/4502.md?p=9) shall establish the annual housing goals under this subpart for each year, taking into consideration the need for the [enterprises](/usc/12/4502.md?p=10) to reasonably and sufficiently plan their operations and activities in advance, including operations and activities necessary to meet such annual goals.
- (c) **Transition—** The annual housing goals effective for 2008 pursuant to this subpart, as in effect before July 30, 2008, shall remain in effect for 2009, except that not later than the expiration of the 270-day period beginning on July 30, 2008, the [Director](/usc/12/4502.md?p=9) shall review such goals applicable for 2009 to determine the feasibility of such goals given the market conditions current at such time and, after seeking public comment for a period not to exceed 30 days, may make appropriate adjustments consistent with such market conditions.
- (d) **Eliminating interest rate disparities—**
  - (1) **In general—** Upon request by the [Director](/usc/12/4502.md?p=9), an [enterprise](/usc/12/4502.md?p=10) shall provide to the [Director](/usc/12/4502.md?p=9), in a form determined by the [Director](/usc/12/4502.md?p=9), data the [Director](/usc/12/4502.md?p=9) may review to determine whether there exist disparities in interest rates charged on [mortgages](/usc/12/1707.md?p=a) to borrowers who are minorities as compared with comparable [mortgages](/usc/12/1707.md?p=a) to borrowers of similar creditworthiness who are not minorities.
  - (2) **Remedial actions upon preliminary finding—** Upon a preliminary finding by the [Director](/usc/12/4502.md?p=9) that a pattern of disparities in interest rates with respect to any lender or lenders exists pursuant to the data provided by an [enterprise](/usc/12/4502.md?p=10) in [paragraph (1)](#d-1), the [Director](/usc/12/4502.md?p=9) shall_[^1]
    - (A) refer the preliminary finding to the appropriate regulatory or enforcement [agency](/usc/12/4502.md?p=2) for further review; and
    - (B) require the [enterprise](/usc/12/4502.md?p=10) to submit additional data with respect to any lender or lenders, as appropriate and to the extent practicable, to the [Director](/usc/12/4502.md?p=9) who shall submit any such additional data to the regulatory or enforcement [agency](/usc/12/4502.md?p=2) for appropriate action.
  - (3) **Annual report to Congress—** The [Director](/usc/12/4502.md?p=9) shall submit to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate a report describing the actions taken, and being taken, by the [Director](/usc/12/4502.md?p=9) to carry out this subsection. No such report shall identify any lender or lenders who have not been found to have engaged in discriminatory lending practices pursuant to a final adjudication on the record, and after opportunity for an administrative hearing, in accordance with subchapter II of chapter 5 of title 5.
  - (4) **Protection of identity of individuals—** In carrying out this subsection, the [Director](/usc/12/4502.md?p=9) shall ensure that no property-related or financial information that would enable a borrower to be identified shall be made public.

## Footnotes

[^1]: So in original.

## Source credit

(Pub. L. 102–550, title XIII, § 1331, as added Pub. L. 110–289, div. A, title I, § 1128(b), July 30, 2008, 122 Stat. 2696.)

## Notes

### Editorial Notes

### Prior Provisions

A prior section 4561, Pub. L. 102–550, title XIII, § 1331, Oct. 28, 1992, 106 Stat. 3956, related to establishment of housing goals, prior to repeal by Pub. L. 110–289, div. A, title I, § 1128(a), July 30, 2008, 122 Stat. 2696.