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FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac

According to the Federal Housing Finance Agency, “The 2023 multifamily loan caps, coupled with a new mission-driven category for workforce housing properties, will continue to ensure that the Enterprises have a strong commitment to addressing the need for affordable housing,” said Director Sandra L. Thompson. “The new workforce housing category will provide incentives for conventional borrowers to maintain rents at affordable levels for extended periods of time.”

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