"The severe shortage of affordable housing in America requires coordinated government action. As part of the federal government's response, FHFA is instructing Fannie Mae and Freddie Mac to boost the housing supply in communities across the country by significantly increasing their Low-Income Housing Tax Credit investments and by expanding opportunities for local families to access affordable homeownership and rental housing. In addition, FHFA will begin to study the interaction between exclusionary zoning and our regulated entities," said Acting Director Sandra L. Thompson.
For more information see:
Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supply
FHFA Announces Increase in the Enterprises' LIHTC Cap
FHFA Extends the Enterprises' REO First Look Period to 30 Days
Media: Adam Russell Adam.Russell@FHFA.gov