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	Catherine	Id	N/A	I am sending this to you to let you know that the public monies you gi…View Comment Email: kayid1951@gmail.com Attachment: N/A
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	Bailey	Byrum	N/A	Dear Director Thompson and FHFA team, My name is Bailey and I live in…View Comment Email: N/A Attachment: N/A
10/17/22	Emma	Anderson	KyTenants	Dear Director Thompson and FHFA team, My name is Emma and I live in L…View Comment Email: N/A Attachment: N/A
10/17/22	Greg	Zagorski	National Council of State Housing Agencies	Attached please find the National Council of State Housing Agencies' c…View Comment Email: gzagorski@ncsha.org Attachment: View Attachment
10/17/22	Magda	n/a	N/A	Dear Director Thompson and FHFA team, My name is Magda and I live in…View Comment Email: N/A Attachment: N/A
10/17/22	Shonda	na	N/A	Dear Director Thompson and FHFA team, My name is Shonda and I live in…View Comment Email: N/A Attachment: N/A
10/17/22	Khadija	Nancy	PUSH Buffalo	Dear Director Thompson and FHFA team, My name is Khadija Nancy, and I…View Comment Email: khadijanancy06@gmail.com Attachment: N/A
10/17/22	Jessica	Lynch	National Association of Home Builders	Please see the attached comments for RIN 2590-AB21View Comment Email: N/A Attachment: View Attachment
10/17/22	Kelly	Viselman	N/A	Dear Director Thompson and FHFA team, My name is Kelly and I live in…View Comment Email: kelly@cvhation.org Attachment: N/A
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
10/14/22	Robert	Jefferson	Fannie Mae	See attached letterView Comment Email: robert_jefferson@fanniemae.com Attachment: View Attachment
10/14/22	David	Borsos	National Multifamily Housing Council	NMHC and NAA are providing our comments to the proposed multifamily ho…View Comment Email: dborsos@nmhc.org Attachment: View Attachment
10/14/22	Dan	Brendes	Berkadia	See attached documentView Comment Email: dan.brendes@berkadia.com Attachment: View Attachment
10/13/22	Stephanie	Milner	Mortgage Bankers Association	Please find attached comments from MBA.View Comment Email: smilner@mba.org Attachment: View Attachment
09/26/22	Anne	Hill	N/A	I am writing to protest the fact that there is no "guideline" through…View Comment Email: annehill@sonic.net Attachment: N/A