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📅 Today's Story: To solve the nation’s affordable housing crisis, the FHFA will double Fannie Mae and Freddie Mac's investments in LIHTC properties. The new policy will have a major impact on both urban and rural housing markets, especially in underserved areas.
HOUSING POLICY
FHFA Doubles Fannie, Freddie Affordable Housing Investments |
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A new policy could reshape housing access for rural communities (Source: MPA)
📰 What Happened: In a market-shaking move with big implications for urban developers nationwide, the Federal Housing Finance Agency (FHFA) just raised the investment caps for Fannie Mae and Freddie Mac from $1 billion each to $2 billion annually, bringing the total annual investment to $4 billion.
🔍 A Closer Look: The new funding policy is part of President Trump's “One Big Beautiful Bill,” aiming to enhance the LIHTC program. Half of the funds will support developers in building and rehabilitating properties in challenging Low-Income Housing Tax Credit (LIHTC) markets across the country. Notably, 20% of the 50% will be earmarked for rural communities.
🧠 Why It Matters: The National Association of Home Builders (NAHB) praised the FHFA’s decision—2x funding will provide much-needed capital and resources to tackle the growing shortage of affordable homes, especially in historically underserved regions. The move also aligns with broader efforts to provide rental housing options to millions of Americans.
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