“In 2023, Freddie Mac Multifamily was proud to again surpass our ambitious affordable housing goals, despite significant headwinds facing the overall market,” said Kevin Palmer, Head of Multifamily for Freddie Mac.
Read More »FHFA Increases the LIHTC Cap for GSEs
Under new deal, Fannie Mae and Freddie Mac will be allowed to invest up to $1 billion annually in the Low-Income Housing Tax Credit market as equity investors.
Read More »Group Pushes for Further Duty to Serve Improvements
A coalition has been created opposing the current DTS proposals, saying they aren’t in the spirit of why they were created and do not do enough to reach underserved markets.
Read More »GSEs Boost Their Investment in Safe and Affordable Housing
The FHFA has raised the amount each GSE can invest to up to $850 million annually in the Low-Income Housing Tax Credit market to support markets that have difficulty attracting investors.
Read More »First-Time Buyers See Affordable Options in Manufactured Homes
A new report finds that an increasing number of down payment assistance programs are allowing for assistance in the purchase of manufactured homes.
Read More »GSEs Work to Assist Underserved Markets
On Monday, Fannie Mae and Freddie Mac released their proposed Duty to Serve (DTS) plans. The purpose of the plan is to better serve some persistent affordable housing problems in the U.S. DTS is a Federal Housing Finance Agency plan which requires Fannie and Freddie to increase the availability of mortgage financing in rural housing, manufactured housing, and affordable housing preservation in order to serve very low- to moderate-income families.
Read More »