Fannie Mae and Freddie Mac Loan Purchase Caps

Fannie Mae and Freddie Mac will both be getting $78 billion, for a combined total of $156 billion to support the multifamily market. 

According to Market Screener, to ensure a strong focus on affordable housing and traditionally underserved markets, FHFA will require that at least 50 percent of the Enterprises’ multifamily business be mission-driven affordable housing. FHFA will also require at least 25 percent of the Enterprises’ multifamily business be affordable to residents at or below 60 percent of area median income (AMI), up from 20 percent in 2021.

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https://www.marketscreener.com/news/latest/FHFA-Announces-2022-Multifamily-Loan-Purchase-Caps-for-Fannie-Mae-and-Freddie-Mac–36673214/

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