NAHB Applauds Move to Raise LIHTC Investment Cap for Fannie Mae and Freddie Mac

FHFA Raises Cap on Fannie and Freddie Low-Income Housing Tax Credit Investments

The Federal Housing Finance Agency (FHFA) has announced it will allow Fannie Mae and Freddie Mac, the two government sponsored enterprises (GSEs) it serves as chief regulator of, to invest up to $2 billion each in the Low-Income Housing Tax Credit (LIHTC) market as equity investors. The move increases the existing cap on LIHTC investments… The post FHFA Raises Cap on Fannie and Freddie Low-Income Housing Tax Credit Investments appeared first on …

NAHB Applauds Move to Raise LIHTC Investment Cap for Fannie Mae and Freddie Mac

Buddy Hughes, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Lexington, North Carolina, issued the following statement after Federal Housing Finance Agency (FHFA) Director Bill Pulte announced that Fannie Mae and Freddie Mac will be permitted to significantly increase their annual Low-Income Housing Tax Credit (LIHTC) investments: […] The post NAHB Applauds Move to Raise LIHTC Investment Cap fo…

FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties

Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement shortly after it was released. Continue Reading FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties The post FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties appeared first on Weekly Real Estate News.