FHFA Releases Strategic Plan for OMWI


The Federal Housing Finance Agency (FHFA) just released a strategic plan for the success and advancement of its Office of Minority and Women Inclusion (OMWI). The plan covers fiscal years 2016-2018 and delineates the ways OMWI will uphold diversity and inclusion stipulations outlined in the Housing and Economic Recovery Act of 2008 and the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The plan represents the FHFA’s commitment to creating a diverse and equal work environment; it also defines OMWI’s part in successfully executing diversity and inclusion efforts and equal employment opportunities for the FHFA, Fannie Mae, Freddie Mac, the Federal Home Loan Bank System, and the Office of Finance.

The plan consists of five main goals, each with their own objectives:

  • Design a Comprehensive OMWI Operational Structure
  • Develop Clear and Meaningful Standards
  • Deliver Meaningful OMWI Communication
  • Create an Agency-Wide Understanding of Diversity, Inclusion, and Equal Opportunity
  • Drive FHFA Cultural Awareness

OMWI Director for the FHFA, Sharron P.A. Levine, elucidates the plan’s meaning in its introductory message, “The FHFA OMWI Strategic Plan for FY 2016 – FY 2018 represents FHFA’s efforts not only to meet these statutory requirements, but also to foster a work environment that leverages diverse perspectives and encourages collaborative approaches to achieve business success. It also reflects FHFA’s strategic initiative to promote diversity and ensure the inclusion of minorities and women in the business and activities of the agency and the regulated entities.”

To read more about the FHFA’s strategic plan, or to view it in full, please visit, http://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Releases-First-Strategic-Plan-OMWI.aspx.

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