FHFA Authorizes 2020 Disbursements to Housing Trust Fund, Capital Magnet Fund

The Federal Housing Finance Agency (FHFA) recently authorized Fannie Mae and Freddie Mac to disburse payments to HUD for the Housing Trust Fund (HTF) and to the Treasury Department for the Capital Magnet Fund (CMF). According to FHFA, HTF will receive $326.4 million for the year, while CMF will receive $175.8 million. Last year, HTF received $244.9 million, while CMF received $131.8 million.