Skip to main content

2021 Enterprise Housing Goals Final Rule

Publication Details
Type
Final Rule
Document Number
2020-28083
Federal Register Publish Date
12/21/2020
Effective Date
02/19/2021
Rulemaking Details
Rulemaking

2021 Enterprise Housing Goals

12/21/2020
Number
RIN-2590-AB04
Group
Fannie Mae
Freddie Mac
CFR
12 CFR Part 1282
CFR Description
Enterprise Housing Goals and Mission
Effective Date

2021 Enterprise Housing Goals Final Rule

Contact Information

FOR FURTHER INFORMATION CONTACT: Ted Wartell, Associate Director, Office of Housing & Community Investment, Division of Housing Mission and Goals, at (202) 649–3157, Ted.Wartell@fhfa.gov; Padmasini Raman, Supervisory Policy Analyst, Office of Housing & Community Investment, Division of Housing Mission and Goals, at (202) 649–3633, Padmasini.Raman@fhfa.gov; or Kevin Sheehan, Associate General Counsel, Office of General Counsel, (202) 649–3086, Kevin.Sheehan@fhfa.gov. These are not toll-free numbers. The mailing address is: Federal Housing Finance Agency, 400 Seventh Street, SW., Washington, DC 20219. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: The Federal Housing Finance Agency (FHFA) is issuing a final rule on the 2021 housing goals for Fannie Mae and Freddie Mac (the Enterprises). The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. The housing goals include separate categories for single-family and multifamily mortgages on housing that is affordable to low-income and very low-income families, among other categories. The final rule establishes benchmark levels for each of the housing goals for 2021.

DATES: The final rule will become effective sixty (60) days after the date of publication in the Federal Register.