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Statement

FHFA Acting Director Sandra L. Thompson's Statement on Executive Branch Housing Supply Initiative

FOR IMMEDIATE RELEASE
9/1/2021

​​​​​"The severe shortage of affordable housing in America requires coordinated government action. As part of the federal government's response, FHFA is instructing Fannie Mae and Freddie Mac to boost the housing supply in communities across the country by significantly increasing their Low-Income Housing Tax Credit investments and by expanding opportunities for local families to access affordable homeownership and rental housing. In addition, FHFA will begin to study the interaction between exclusionary zoning and our regulated entities," said Acting Director Sandra L. Thompson. 

For more information see:

Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supply

FHFA Announces Increase in the Enterprises' LIHTC Cap

FHFA Extends the Enterprises' REO First Look Period to 30 Days

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​The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide nearly $7.2 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook, and LinkedIn.
Contacts:

​Media: Adam Russell Adam.Russell@FHFA.gov​​​

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