This bill aims to expand homeownership access by modifying the Federal Home Loan Bank Act. Specifically, it amends Section 2(10)(A)(i) of the Act to broaden the definition of a "community financial institution." The amendment inserts "or Federal Credit Union Act" after "Federal Deposit Insurance Act," thereby including credit unions in this definition. By expanding the definition, the legislation allows credit unions, which are insured under the Federal Credit Union Act, to become members of the Federal Home Loan Bank system . This membership grants them access to liquidity and funding, which can then be utilized to increase their capacity for providing housing finance and supporting homeownership opportunities, particularly for underserved communities.