FHFA Proposes 2023-2024 Multifamily Housing Goals for Fannie Mae and Freddie Mac

New benchmark levels have been proposed by the Federal Housing Finance Agency (FHFA) for the m​​ultifamily housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2023 and 2024.​

According to FHFA, the rule proposes a new methodology for measuring the Enterprise multifamily housing goals. Rather than measuring the multifamily housing goals based on a n​umbe​​r ​​of units, the proposed rule would use the ​percentage​ ​​​​​​of each Enterprise’s annual multifamily loan acquisitions that are affordable to each income category.

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