---
kind: "section"
citation: "12 U.S.C. § 4564"
title: "12"
title_heading: "Banks and Banking"
number: "4564"
heading: "Discretionary adjustment of housing goals"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/4564"
units:
  - "Chapter 46 — Government Sponsored Enterprises"
  - "Subchapter I — Supervision and Regulation of Enterprises"
  - "Part B — Additional Authorities of the Director"
  - "Subpart 2 — housing goals"
---

# §4564. Discretionary adjustment of housing goals

- (a) **Authority—** An [enterprise](/usc/12/4502.md?p=10) may petition the [Director](/usc/12/4502.md?p=9) in writing at any time during a year to reduce the level of any goal or subgoal for such year established pursuant to this subpart.
- (b) **Standard for reduction—** The [Director](/usc/12/4502.md?p=9) may reduce the level for a goal or subgoal pursuant to such a petition only if—
  - (1) market and economic conditions or the financial condition of the [enterprise](/usc/12/4502.md?p=10) require such action; or
  - (2) efforts to meet the goal or subgoal would result in the constraint of liquidity, over-investment in certain market segments, or other consequences contrary to the intent of this subpart, or [section 1716(3) of this title](/usc/12/1716.md?p=3) or section 301(b)(3) of the Federal Home Loan [Mortgage](/usc/12/1707.md?p=a) Corporation Act ([12 U.S.C. 1451](/usc/12/1451.md) note), as applicable.
- (c) **Determination—** The [Director](/usc/12/4502.md?p=9) shall, promptly upon receipt of a petition regarding a reduction, seek public comment on the reduction for a period of 30 days. The [Director](/usc/12/4502.md?p=9) shall make a determination regarding any proposed reduction within 30 days after the expiration of such public comment period. The [Director](/usc/12/4502.md?p=9) may extend such determination period for a single additional 15-day period, but only if the [Director](/usc/12/4502.md?p=9) requests additional information from the [enterprise](/usc/12/4502.md?p=10).

## Source credit

(Pub. L. 102–550, title XIII, § 1334, as added Pub. L. 110–289, div. A, title I, § 1128(b), July 30, 2008, 122 Stat. 2701.)

## Notes

### Editorial Notes

### References in Text

Section 301(b)(3) of the Federal Home Loan Mortgage Corporation Act, referred to in subsec. (b)(2), is section 301(b)(3) of Pub. L. 91–351, which is set out as a Short Title and Statement of Purpose note under section 1451 of this title.

### Prior Provisions

A prior section 4564, Pub. L. 102–550, title XIII, § 1334, Oct. 28, 1992, 106 Stat. 3960, related to central cities, rural areas, and other underserved areas housing goal, prior to repeal by Pub. L. 110–289, div. A, title I, § 1128(a), July 30, 2008, 122 Stat. 2696.