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​Fannie Mae & Freddie Mac

The Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008, requires the setting of annual housing goals for Fannie Mae and Freddie Mac and the monitoring of performance in achieving these goals. FHFA sets and monitors the performance on meeting the established goals.

Housing Goals for 2021

On December 16, 2020, FHFA published a final rule establishing housing goals for Fannie Mae and Freddie Mac for 2021. (See 12/16/2020 news release.)

FHFA also published an Advanced Notice of Proposed Rulemaking requesting public comment on a variety of questions related to potential changes to the Enterprise housing goals regulation.  Comments must be received by February 28, 2021.

Housing Goals for 2018-2020

On February 6, 2018, FHFA published a final rule establishing 2018-2020 housing goals for Fannie Mae and Freddie Mac. (See 2/6/2018 news release.)

Learn more about Fannie Mae's and Freddie Mac's affordable housing goals.

See the annual goals performance of each Enterprise here.

"The Size of the Affordable Mortgage Market:  2018 - 2020 Enterprise Single-Family Housing Goals" details the methodology used to estimate the market size for the Enterprise single-family housing goals (updated 1/25/2018).

Duty to Serve

The Duty to Serve (DTS) requires Fannie Mae and Freddie Mac (Enterprises) to facilitate a secondary market for mortgages on housing for very low-, low-, and moderate-income families in: Manufactured housing, Affordable housing preservation, and Rural housing. To learn more about Duty to Serve, click here.


Aspire Manor in Lebanon, Indiana  


​Federal Home Loan Bank System

The Federal Home Loan Bank (FHLB) system was created by the Federal Home Loan Bank Act of 1932 as a government sponsored enterprise to support mortgage lending and related community investment. It is composed of 11 FHLBanks, more than 6,700 member financial institutions, and the System's fiscal agent, the Office of Finance. Each FHLBank is a separate, government-chartered, member-owned corporation.

Federal Home Loan Bank Community Lending Plans

​​The Programs

Low-Income Housing and Community Development Activities of the Federal Home Loan Banks Report  

Affordable Housing Program (AHP)

From 1990, when the AHP was authorized, through 2019, the FHLBanks have awarded approximately $6.6 billion in funding, supporting approximately 957,000 housing units. On November 20, 2018 FHFA issued a final rule amending its regulation on the FHLBanks' Affordable Housing Program. To learn more about AHP click here.

Community Investment Program (CIP)

In 2019, the FHLBanks issued approximately $3.4 billion in Community Investment Program advances for housing projects and almost $91 million for economic development projects. To learn more about CIP click here.

Community Investment Cash Advance (CICA)

In 2019, the FHLBanks issued approximately $3.1 billion in Community Investment Cash Advance advances for such projects as commercial, industrial, manufacturing, social services, and public facilities. To learn more about CICA click here.

Community Support Program (CSP)

The FHLBank Act requires FHFA to establish standards of community investment or service for members of the FHLBanks to maintain continued access to long-term FHLBank advances. The CSP requires each FHLBank member (except for non-depository CDFIs) to submit a Community Support Statement to FHFA once every two years. The Community Support Statement serves to document a FHLBank member's Community Reinvestment Act of 1977 (CRA) performance and support of first-time homebuyers. To learn more about CSP click here.

Community Development Financial Institution (CDFI)Membership

CDFIs are specially designated financial institutions that serve markets underserved by traditional financial institutions. To learn about CDFI Membership click here.

Housing Goals

The FHLBanks purchase loans from their members under the acquired member assets program, a whole loan mortgage purchase program. The FHLBanks' housing goals performance is based on single-family whole loans purchased through their acquired member assets programs. In 2019, all of the 11 FHLBanks purchased whole loans through those programs. To learn more about Housing Goals click here.

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