Fannie, Freddie Can Now Invest Up To $4B In LIHTC Projects
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1 Articles
Fannie, Freddie Can Now Invest Up To $4B In LIHTC Projects
The White House is doubling the budget at Fannie Mae and Freddie Mac for a key affordable housing incentive. The two agencies' new cap for investment in Low Income Housing Tax Credits is $2B each, up from $1B, in a move that was widely celebrated by affordable housing developers and advocates.
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