FHFA Announces More than $1.1 Billion for Affordable Housing Programs
Industry Update
February 28, 2022
Source: Federal Housing Finance Agency
FHFA Acting Director Sandra L. Thompson announced that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for affordable housing initiatives from Fannie Mae and Freddie Mac. This is the largest amount ever provided to these programs from the Enterprises.
For full report, please click the source link above.