has three primary lines of business, Core lending, Single-Family lending
and New Markets Tax Credit lending. Core lending is below-market rate; real-estate based lending
benefitting low-income communities and residents. Single-Family lending provides below-market,
fixed-rate financing to first-time homebuyers. The New Markets Tax Credit program uses a
combination of below-market interest rate lending and equity investments to provide financing for
projects located in highly distressed communities.