Tipoffs for Greensboro, North Carolina (Federal Agencies)
Fannie Mae Increases Commitment to Low-Income Housing Tax Credit Market
WASHINGTON, Sept. 2 -- Fannie Mae issued the following corporate news release on Sept. 1, 2021:
Fannie Mae (FNMA/OTCQB) announced today it has increased its cap for investment in low-income housing tax credit (LIHTC) activities as part of its ongoing effort to provide a reliable source of capital for affordable rental housing, especially in underserved markets. The Federal Housing Finance Agency (FHFA) approved the increase, effective immediately, up to $850 million annually, up from a $500 mil
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