2023-2024 Multifamily Enterprise Housing Goals

12/23/2022

Number

RIN-2590-AB21

Group

Fannie Mae

Freddie Mac

CFR

12 CFR Part 1282

CFR Description

PART 1282—ENTERPRISE HOUSING GOALS AND MISSION

Effective Date

Tue, 02/21/2023 - 12:00

2023-2024 Multifamily Enterprise Housing Goals Proposed Rule

FOR FURTHER INFORMATION CONTACT: Ted Wartell, Associate Director, Housing and Community Investment, Division of Housing Mission and Goals, (202) 649- 3157, Ted.Wartell@fhfa.gov; Padmasini Raman, Supervisory Policy Analyst, Housing and Community Investment, Division of Housing Mission and Goals, (202) 649-3633, Padmasini.Raman@fhfa.gov; 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. For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

SUMMARY: The Federal Housing Finance Agency (FHFA or the Agency) is issuing a proposed rule with request for comments on the multifamily housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2023 and 2024. 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. Under FHFA’s existing housing goals regulation, the multifamily housing goals for the Enterprises include benchmark levels through the end of 2022 based on the total number of affordable units in multifamily properties financed by mortgage loans purchased by the Enterprise each year. This proposed rule would amend the regulation to establish benchmark levels for the multifamily housing goals for 2023 and 2024 based on a new methodology – the percentage of affordable units in multifamily properties financed by mortgages purchased by the Enterprise each year.

DATES: FHFA will accept written comments on the proposed rule on or before October 17, 2022.

Public Comments

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

77 items

CSV

Date Sort ascending	First Name	Last Name	Organization	Comment
10/17/22	Shanzeh	A	N/A	Dear Director Thompson and FHFA team, My name is Shanzeh and I live i…View Comment Email: N/A Attachment: N/A
10/17/22	Kevin	Lawrence	N/A	Dear Director Thompson and FHFA team, I am writing from Winston…View Comment Email: N/A Attachment: N/A
10/17/22	Emily	C	N/A	Dear Director Thompson and FHFA team, My name is Emily and I live in…View Comment Email: N/A Attachment: N/A
10/17/22	Joseph	Pigg	American Bankers Association	Attached please find comments from the American Bankers Association.View Comment Email: JPigg@aba.com Attachment: View Attachment
10/17/22	judy	schwartz-naber	Tn4SafeHomes	I'm a renter. I currently pay $800.00 a month for a bathroom, and two…View Comment Email: judy.schwartznaber@gmail.com Attachment: N/A
10/17/22	Kevin	Stein	California Reinvestment Coalition	Please see attached document for full comments.View Comment Email: kstein@calreinvest.org Attachment: View Attachment
10/17/22	David	Beltran-Barajas	Progressive Leadership Alliance of Nevada	Dear Director Thompson and FHFA team, My name is David and I live in…View Comment Email: dbeltranbarajas@planevada.org Attachment: N/A
10/17/22	Victoria	na	N/A	Dear Director Thompson and FHFA team, My name is Victoria and I live…View Comment Email: N/A Attachment: N/A
10/17/22	Darius	J	N/A	Dear Director Thompson and FHFA team, My name is Darius and I live in…View Comment Email: N/A Attachment: N/A
10/17/22	Christopher	Nunn	Louisville Tenants Union	Dear Director Thompson and FHFA team, My name is Christopher and I liv…View Comment Email: chrisnunn1992@yahoo.com Attachment: N/A
10/17/22	Irene	Lawrence	Homes Guarantee Campaign	Dear Director Thompson and FHFA team, My name is Irene and I live in…View Comment Email: lawrence.irenea@gmail.com Attachment: N/A
10/17/22	Eli	Berkowitz	Community Voices Heard	Dear Director Thompson and FHFA team, My name is Eli and I live in Hu…View Comment Email: eli@cvhaction.org Attachment: N/A
10/17/22	Brandon	Lemay	N/A	My name is Brandon and I live in Manchester, NH. I’m writing in respon…View Comment Email: brandon@radnh.org Attachment: N/A
10/17/22	Heather Rose	Gonzales	PLAN	Dear Director Thompson and FHFA team, My name is Heather Rose and I l…View Comment Email: hrgonzales@planevada.org Attachment: N/A
10/17/22	Vishal	Shankar	Revolving Door Project	Dear Director Thompson and FHFA team, We are researchers for the Revo…View Comment Email: info@therevolvingdoorproject.org Attachment: View Attachment
10/17/22	Stephanie	Isaacs	TN4SafeHomes	Dear Director Thompson and FHFA team, My name is Stephanie Isaacs and…View Comment Email: stephanie@fight4thesouth.org Attachment: N/A
10/17/22	CeCe	.	PLAN	Dear Director Thompson and FHFA team, My name is CeCe.K and I live in…View Comment Email: larmayakilgore@gmail.com Attachment: N/A
10/17/22	Adrian	Williams	N/A	Dear Director Thompson and FHFA team, My name is Adrian and I live in…View Comment Email: N/A Attachment: N/A
10/17/22	Paul	Bowers	South Carolina Housing Justice Network	Dear Director Thompson and FHFA team, My name is Paul Bowers and I li…View Comment Email: paul.m.bowers@gmail.com Attachment: N/A
10/17/22	Aaron	Lerma	N/A	Dear Director Thompson and FHFA team, My name is Aaron Lerma and I li…View Comment Email: N/A Attachment: N/A
10/17/22	Shiloh	Grace	N/A	Dear Director Thompson and FHFA team, My name is Shiloh and I live in…View Comment Email: N/A Attachment: N/A
10/17/22	Laura	Martin	Progressive Leadership Alliance of Nevada	Dear Director Thompson and FHFA team, My name is Laura Martin and I l…View Comment Email: lmartin@planevada.org Attachment: N/A
10/17/22	Malena	DiMaggio	progressive leadership alliance of nevada	Dear Director Thompson and FHFA team, My name is Malena and I live in…View Comment Email: malenadimaggio26@gmail.com Attachment: N/A
10/17/22	Christine	Saunders	N/A	My name is Christine and I live in Reno, NV. I’m writing in response t…View Comment Email: lwj.christine@gmail.com Attachment: N/A
10/17/22	Emma	R	Youth Alliance for Housing (YAH)	Dear Director Thompson and FHFA team, My name is Emma and I live in N…View Comment Email: esrehac@gmail.com Attachment: N/A