Volume 2014 - Number 33
September 4, 2014
FHFA Sets Fannie, Freddie Affordable Housing Goals Through 2017, Requests Public Comment
The Federal Housing Finance Agency last week proposed increasing some of the benchmark levels for Fannie Mae’s and Freddie Mac’s affordable housing goals through 2017, while also establishing new housing subgoals for low-income multifamily properties. The proposed rule – which requests public comment – presents three alternatives for determining whether a government-sponsored enterprise has met the congressionally mandated single-family housing goals for 2015-2017. The first option would keep...
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