The Federal Housing Finance Agency (FHFA) today issued the FHFA Strategic Plan: Fiscal Years 2022-2026 (Strategic Plan). The Strategic Plan provides a framework that outlines the Agency’s priorities for the coming years as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises).
The Strategic Plan continues existing priorities and formalizes areas of focus for FHFA and its regulated entities by establishing three goals:
1. Secure the regulated entities’ safety and soundness;
2. Foster housing finance markets that promote equitable access to affordable and sustainable housing; and
3. Responsibly steward FHFA’s infrastructure.
“The Strategic Plan outlines FHFA’s goals over the coming years,” said FHFA Acting Director Sandra L. Thompson. “This Plan emphasizes FHFA’s commitment to safety and soundness, and will further position FHFA’s regulated entities to provide equitable access to affordable and sustainable housing opportunities as the country emerges from the pandemic. The Plan also reaffirms FHFA’s emphasis on making effective use of the Agency’s resources, including human capital and financial resources, and on identifying and addressing operational risks to the Agency. FHFA is committed to being transparent as it implements this Plan, and we will continue to seek stakeholder input as the Agency considers policy options.”
In February, FHFA released a draft Strategic Plan and invited feedback from Congress, stakeholders, and the public over a 30-day period ending on March 11, 2022. The Agency carefully reviewed all input and incorporated recommendations where appropriate.