Page:United States Statutes at Large Volume 106 Part 5.djvu/160

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106 STAT. 3798 PUBLIC LAW 102-550—OCT. 28, 1992 The Comptroller General shall also submit to the Congress a report containing a preliminary assessment of the pilot program not later than 18 months after the date of enactment of this Act. (5) FEDERAL HOUSING FINANCE BOARD. —The Federal Housing Finance Board shall monitor and assess the activities carried out under the pilot programs under this section. The Federal Housing Finance Board shall submit a preliminary report containing any findings regarding such activities not later than 9 months after the date of the enactment of this Act, and a final report containing such findings not later than 24 months after the date on which the pilot program is initiated, which shall include any recommendations by the Board for legislative changes to achieve the purposes of this section. SEC. 543. NATIONAL INTERAGENCY TASK FORCE ON MULTIFAMILY HOUSING. (a) PURPOSE.— The purpose of this section is to establish a National Interagency Task Force on Multifamily Housing to develop recommendations for establishing a national database on multifamily housing loans. (b) ESTABLISHMENT OF TASK FORCE.—There is established a Task Force known as the National Interagency Task Force on Multifamily Housing (hereafter in this section referred to as the "Task Force"). (c) MEMBERSHIP OF TASK FORCE.— (1) FEDERAL OFFICLVLS.— The Task Force shall be composed of— (A) the Secretary of Housing and Urban Development; (B) the Chairperson of the Federal Housing Finance Board; (C) the Comptroller of the Currency; (D) the Chairman of the Board of Governors of the Federal Reserve System; (E) the Director of the Office of Thrift Supervision; (F) the Chairperson of the Federal Deposit Insurance Corporation; (G) the Chairperson of the Federal National Mortgage Association; and (H) the Chairperson of the Federal Home Loan Mortgage Corporation, or their designees, and the persons appointed under paragraphs (2) and (3). (2) APPOINTMENTS BY THE SECRETARY. — The Secretary shall appoint as members of the Task Force— (A) 1 individual who is a representative of a State housing finance agency; (B) 1 individual who is a representative of a local housing finance agency; (C) 1 individual who is a representative of the building industry with experience in multifamily housing; and (D) 1 individual who is a representative of the life insurance industry with experience in multifamily loan performance data. (3) APPOINTMENTS BY THE CHAIRPERSON OF THE FHFB.— The Chairman of the Federal Housing Finance Board shall appoint as members of the Task Force—