Proposed changes would revamp the treatment of “Indian areas” and rural agricultural workers, along with altering the method of calculating area median income.

The proposal would redefine "high-needs rural population" and limit the use of area median income when defining low-income categories.

The trade group called for an all-of-government effort to solve the housing affordability crisis. That includes the GSEs.

Since 2016, when the duty-to-serve rule compelled the GSEs to make it easier to buy homes in rural census tracts, home prices have remained mostly stable and rents have declined.

A coalition of the leading affordable housing organizations in America gave Fannie Mae a C minus for its duty-to-serve plan. Freddie Mac got a B minus.

Fannie and Freddie have detailed how they plan to meet their obligations to provide liquidity and credit access to underserved communities.

Although Fannie Mae and Freddie Mac failed to reach their multifamily volume caps in 2022, 2023 and probably 2024, FHFA raised the caps from $140 billion to $146 billion for 2025.

The GSEs hope FHLBanks can raise awareness of their programs to improve access to mortgage credit for Native Americans.

The Federal Housing Finance Agency has issued a request for information seeking industry comment on the GSEs’ plans to support underserved communities under their duty-to-serve obligations.

The percentage of GSE multifamily investment in areas of concentrated poverty increased in 2022, both in dollar and percentage terms.