NATIONAL HOUSING ADVISORY BOARD.

SEC. 312. NATIONAL HOUSING ADVISORY BOARD. Section 21A(d) of the Federal Home Loan Bank Act (12 U.S.C. 1441a(d)) is amended— (1) by redesignating paragraphs (2) through (4) as paragraphs (3) through (5), respectively; (2) by inserting after paragraph (1) the following new paragraph: “(2) National housing advisory board.— “(A) Establishment.— The Thrift Depositor Protection Oversight Board shall establish a National Housing Advisory Board to advise the Thrift Depositor Protection Oversight Board on policies and programs related to the provision of affordable housing. “(B) Membership.— The National Housing Advisory Board shall consist of— “(i) the Secretary of Housing and Urban Development; and “(ii) the chairpersons of any regional advisory boards established pursuant to paragraph (3). “(C) Meetings.— The National Housing Advisory Board shall meet 4 times a year, or more frequently if requested by the Thrift Depositor Protection Oversight Board.”.