Freddie Mac

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The Senate Committee On Banking, Housing and Urban Affairs will meet in on October 18 to conduct a hearing entitled “Oversight of Pilot Programs at Fannie Mae and Freddie Mac.”  The witnesses will be: Ms. Sandra Thompson, Deputy Director, Division of Housing Mission and Goals, Federal Housing Finance Agency;  Mr. Timothy J. Mayopoulos, Chief Executive Officer, […]

Freddie Mac announced today it has closed its first Low-Income Housing Tax Credit (LIHTC) Fund with Enterprise Community Investment, Inc. and its first equity investment within that fund.

The Federal Housing Finance Agency (FHFA) is requesting public input on Fannie Mae and Freddie Mac’s (the Enterprises) proposed modifications to their 2018-2020 Underserved Markets Plans (Plans) under the Duty to Serve (DTS) program.

The Committee on Financial Services will hold a hearing entitled “Oversight of the Federal Housing Finance Agency’s role as conservator and regulator of the Government Sponsored Enterprises” on Thursday, September 27, 2018, at 10:30 a.m. in room 2128 of the Rayburn House Office Building. This will be a two-panel hearing with the following witnesses: Panel […]

On September 6, the tenth anniversary of the federal government’s takeover of Fannie Mae and Freddie Mac, retiring House Financial Services Committee chair Jim Hensarling (R-TX) released a discussion draft for the Bipartisan Housing Finance Reform Act. The measure is co-sponsored by Reps. John Delaney (D-MD) and Jim Himes (D-NY) and would eliminate Fannie Mae […]

The proposal would reorganize several aspects of the Federal Government, with affordable housing and GSE reform in the mix.

Fannie Mae plans to purchase 269 loans secured by LIHTC properties during the two-year period while also making five LIHTC equity investments in 2019. Freddie Mac plans on making nine LIHTC equity investments during 2018-2020 serving high-needs rural regions.

To be excluded from the caps, loans for water and energy efficiency improvements must demonstrate at least a 25% energy or water savings.

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. 

FHFA made the announcement on November 16 that Fannie Mae and Freddie Mac are reentering the LIHTC market as equity investors in a limited role, effective immediately.

Federal Reserve Governor Jerome Powell delivered remarks last week at American Enterprise Institute and gave his opinion on reforming the Government Sponsored Enterprises Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency recently proposed benchmark goals for Fannie Mae and Freddie Mac (the “GSEs”) in serving low income households for both single and multifamily.