To maintain access to Federal Home Loan Bank long-term credit and Community Investment products, members of the Federal Home Loan Bank of Chicago (FHLB Chicago) are required to submit a Community Support Statement (CSS) to the Federal Housing Finance Agency (FHFA) every two years to document their CRA performance and record of lending to first-time homebuyers. The FHFA publishes the members selected for review in a Federal Register notice every quarter.

As required by the Community Support Regulations, the FHLB Chicago provides written notice to each of its members selected for CSS review. Included in the notification is a CSS form with instructions and the date that the completed form is due back to the FHFA. The deadline for submission of a CSS to the FHFA is generally 45 calendar days after the date of publication of the notice in the Federal Register. Non-profits and other housing advocates in the FHLB Chicago’s district are also notified by the FHLB Chicago in case they wish to comment on a member's record.