Fannie Mae Increases Commitment to Low-Income Housing Tax Credit Market
September 02, 2021
September 02, 2021
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 fro . . .
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 fro . . .