Commentary: Is the Federal Home Loan Bank System doing enough to help the affordable housing crisis?
by Dave Loundy, Chicago Tribune
Oct 20, 2023
2 minutes
The Federal Housing Finance Agency’s (FHFA) review of the Federal Home Loan Bank System (FHLBanks) is a catalyst in the ongoing affordable housing crisis I see in Chicagoland communities, and across America, every day.
I am the chairman and CEO of Devon Bank, a roughly $500 million, 78-year-old community bank headquartered on the North Side of Chicago that has many customers who have limited home financing options, those
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