Freddie Mac has recently announced the launch of Impact Gap Financing to be paired with its NOAH Preservation Loan. The execution is aimed at unsubsidized affordable housing or naturally occurring affordable housing (NOAH) and partners impact investors with borrowers who will preserve the NOAH property over the long-term. This will give nonprofit borrowers a needed edge to compete with market rate developers, helping save naturally affordable properties from common issues including deterioration, abandonment, and gentrification.