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2023-2024 Multifamily Enterprise Housing Goals Proposed Rule

Publication Details
Type
Proposed Rulemaking
Document Number
2022-17868
Federal Register Publish Date
08/16/2022
Federal Register Citation
87 FR 50794
PDF Format
Comment Open Date
08/16/2022
Comment End Date
10/17/2022
Comment Status
Closed
Rulemaking Details
Rulemaking

2023-2024 Multifamily Enterprise Housing Goals Proposed Rule

Contact Information

​​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

​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 people-icon

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

77 items
CSV
Date First Name Last Name Organization Comment
Carlie Petrus N/A After reviewing the 2023-2024 Multifamily Enterprise Housing Goals Pro…View Comment
Email: petrusc@iu.edu
Attachment: N/A
DIANA GIRALDO N/A 1. When buying mortgages, require energy and water benchmarking. many…View Comment
Email: diana.giraldo@e3bldg.com
Attachment: N/A