WASHINGTON (8/20/15)--A final rule establishing single-family and multifamily housing goals for Fannie Mae and Freddie Mac has been adopted by the Federal Housing Finance Agency (FHFA).
The rule covers the Fannie and Freddie goals from 2015 to 2017, and sets identical benchmarks for both, including for the first time for five- to 50-unit multifamily rental properties affordable to low-income families.
The FHFA is required by law to establish annual housing goals for mortgages purchased by Fannie and Freddie. The current housing goal rule expired at the end of 2014.
Single-family housing goals for each year are:
Multifamily housing goals for each year are: