Comment Detail
Date: 07/10/17 First Name: Rebekah Last Name: King Email: rking@nhc.org Organization Type: organization Organization: National Housing Conference Comment
The undersigned members of the Housing, Health and Energy Working Group of the Green Affordable Housing Coalition (GAHC) appreciate the opportunity to comment in response to Fannie Mae and Freddie Mac’s Underserved Markets Plans. We are pleased to see the Fannie Mae and Freddie Mac, the government sponsored enterprises (GSEs), actively working to encourage lending activities that support energy and water efficiency. We appreciate the efforts as well by the Federal Housing Finance Agency (FHFA) to make this Duty to Serve (DTS) process successful.
Our comments focus on the subject of energy and water efficiency in the plans, Sections G and H for Fannie Mae and Activities 6 and 7 for Freddie Mac. FHFA in the Final Rule (12 CFR §1282.34(d)(2)) which identify improving energy and water efficiency as a meaningful pathway to preserve affordable housing. We strongly agree with that policy and look forward to working with FHFA, the GSEs, and other stakeholders to implement effective plans.