Fhfa 2021 Housing Goals

Due to the economic uncertainty related to the covid 19 national pandemic fhfa is proposing benchmarks for calendar year 2021 only and those levels will remain the same as they were for 2018 2020.

Fhfa 2021 housing goals. Learn more about fannie mae s and. Today the federal housing finance agency fhfa proposed its 2021 housing goals for fannie mae and freddie mac the enterprises. The goals for single family are.

The anpr provides an opportunity for the public to provide input on issues that will help ensure the housing goals benchmarks continue to effectively support affordable housing. However unlike previous goals set for a three year period the fhfa announced the benchmarks for 2021 only citing economic uncertainty from the covid 19 pandemic. The federal housing finance agency fhfa is issuing a final rule on the 2021 housing goals for fannie mae and freddie mac the enterprises.

The federal housing finance agency fhfa is proposing a rule and seeking comments on proposed benchmark levels for the 2021 housing goals for fannie mae and freddie mac the enterprises. There are three multifamily housing goals. Low income goal benchmark level for 2021.

Fhfa is also publishing an advance notice of proposed rulemaking anpr seeking input on issues that fhfa may address in future housing goals rulemaking. The housing goals apply to mortgages purchased by the enterprises and include separate categories for single family and multifamily housing that is affordable to low income and very low income families among other categories. Fhfa plans to issue a proposed and final rule in 2021 that will establish housing goal benchmarks for 2022 and beyond.

The housing goals apply to mortgages purchased by the enterprises and include separate categories for single family and multifamily housing that is affordable to low income and very low income families among other categories. The federal housing finance agency fhfa is proposing a rule and seeking comments on proposed benchmark levels for the 2021 housing goals for fannie mae and freddie mac the enterprises. A goal for the total number of units affordable to low income families income no greater than 80 percent of area median income a goal for the total number of units affordable to very low income families income no greater than 50 percent of area median income and a goal for the total number of units in small 5 to 50 unit multifamily properties affordable to low income families.

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. Very low income subgoal benchmark level for 2021. Fhfa releases 2021 housing goals for fannie freddie posted on july 20 2020 the federal finance housing agency on monday announced 2021 housing goals for fannie mae and freddie mac that are identical to the mortgage purchase goals that were in place for the last three years.