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2021 Enterprise Housing Goals Proposed Rule

Publication Details
Type
Proposed Rulemaking
Document Number
2020-15959
Federal Register Publish Date
08/13/2020
Comment Open Date
07/20/2020
Comment End Date
10/13/2020
Comment Status
Closed
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 Proposed Rule

Contact Information

FOR FURTHER INFORMATION CONTACT: Ted Wartell, Associate Director, Housing & Community Investment, Division of Housing Mission and Goals, at (202) 649-3157, Ted.Wartell@fhfa.gov; Padmasini Raman 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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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 proposing a rule and seeking comments on proposed benchmark levels for the 2021 housing goals for Fannie Mae and Freddie Mac (the Enterprises). The housing goals apply to mortgages purchased by the Enterprises and include separate categories for single-family and multifamily housing that is affordable to low-income and very low-income families, among other categories. This proposed rule would establish benchmark levels for each of the housing goals for 2021.

DATES: FHFA invites interested parties to submit comments on the proposed rule within 60 days of publication in the Federal Register.

Public Comments people-icon

Below are a compilation of public comments made on this publication.

16 items
Date Sort ascending First Name Last Name Organization Comment
Collen Fisher Council for Affordable and Rural Housing Please see attached letter from Council for Affordable and Rural Housi…View Comment
Email: rprice@nixonpeabody.com
Attachment: View Attachment
Agatha So UnidosUS Please see the attached comments from UnidosUS.View Comment Email: aso@unidosus.org
Attachment: View Attachment
Joseph Reed National Community Reinvestment Coalition (NCRC) Please see the attached document from National Community Reinvestment…View Comment
Email: jreed@ncrc.org
Attachment: View Attachment
Pete Mills Mortgage Bankers Association Please see attached file for comments from the Mortgage Bankers Associ…View Comment
Email: hpitz@mba.org
Attachment: View Attachment
Melissa Stegman Center for Responsible Lending Please see attached comment on behalf of: Center for Responsible Lendi…View Comment
Email: melissa.stegman@responsiblelending.org
Attachment: View Attachment
Damon Smith Credit Union National Association See attached.View Comment Email: dsmith@cuna.coop
Attachment: View Attachment
John McKenzie Indiana Credit Union League Indiana Credit Union League's comments on 2021 Enterprise Housing Goal…View Comment
Email: johnm@icul.org
Attachment: View Attachment
Brad Douglas Heartland Credit Union Association See attached comment letter.View Comment Email: N/A
Attachment: View Attachment
Jeffery Hayward Fannie Mae Please see attached comment letter.View Comment Email: N/A
Attachment: View Attachment
Wendell Chambliss Freddie Mac Please see attached comment letter.View Comment Email: wendell_chambliss@freddiemac.gov
Attachment: View Attachment
Jessica Lynch National Association of Home Builders Please find attached NAHB's response to FHFA's request for comments on…View Comment
Email: N/A
Attachment: View Attachment
Becky Cole N/A See attached commentView Comment Email: N/A
Attachment: View Attachment
Kiefer Stenseng N/A To Whom It May Concern: I write in support of the proposed rule. Due t…View Comment
Email: N/A
Attachment: N/A
Sunia Zaterman Council of Large Public Housing Authorities See attached.View Comment Email: N/A
Attachment: View Attachment
Wendy Anderson N/A The FHFA needs to retain conservatorship over Fannie Mae and Freddie M…View Comment
Email: Breezyee@yahoo.com
Attachment: N/A
Mark Jones Potential Investor 1. FHFA must provide estimate of GSE profits in next 10 years. 2. Capi…View Comment
Email: N/A
Attachment: N/A