Attention: You are using an outdated browser, device or you do not have the latest version of JavaScript downloaded and so this website may not work as expected. Please download the latest software or switch device to avoid further issues.
| 7 Aug 2025 | |
| LIHTC |
On August 5, 2025, the Federal Housing Finance Agency (FHFA) announced in its capacity as chief regulator of Fannie Mae and Freddie Mac (the Enterprises), that the agency will allow the Enterprises to invest up to $2 billion each in the Low-Income Housing Tax Credit (LIHTC) market as equity investors. This increases the existing cap on LIHTC investments from $1 billion to $2 billion.
The National Association of State and Local Equity Funds (NASLEF) applauded the Agency's move in a statement:
We wholeheartedly support the decision of FHFA to double its investment in LIHTC equity, lifting Fannie Mae and Freddie Mac's caps to $2 billion. Additional sources of equity capital are essential to preserve and build critically needed affordable housing across the country. The GSEs have been strong partners in helping to finance affordable housing, and we commend this decision by FHFA Director Pulte. As a network rooted in local impact and trusted partnerships, NASLEF recognizes that this investment will unlock catalytic opportunities for developers, residents, and communities that have historically been underserved, including across rural America.
