2023-2024 Multifamily Enterprise Housing Goals

Date

12/23/2022

Number

RIN-2590-AB21

Group

Fannie Mae

Freddie Mac

CFR

12 CFR Part 1282

CFR Description

PART 1282—ENTERPRISE HOUSING GOALS AND MISSION

Effective Date

Tue, 02/21/2023 - 12:00

2023-2024 Multifamily Enterprise Housing Goals Proposed Rule

FOR FURTHER INFORMATION CONTACT: Ted Wartell, Associate Director, Housing and Community Investment, Division of Housing Mission and Goals, (202) 649- 3157, Ted.Wartell@fhfa.gov; Padmasini Raman, Supervisory Policy Analyst, Housing and Community Investment, Division of Housing Mission and Goals, (202) 649-3633, Padmasini.Raman@fhfa.gov; Kevin Sheehan, Associate General Counsel, Office of General Counsel, (202) 649-3086, Kevin.Sheehan@fhfa.gov. These are not toll-free numbers. The mailing address is: Federal Housing Finance Agency, 400 Seventh Street, SW., Washington, DC 20219. For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

SUMMARY: The Federal Housing Finance Agency (FHFA or the Agency) is issuing a proposed rule with request for comments on the multifamily housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2023 and 2024. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. Under FHFA’s existing housing goals regulation, the multifamily housing goals for the Enterprises include benchmark levels through the end of 2022 based on the total number of affordable units in multifamily properties financed by mortgage loans purchased by the Enterprise each year. This proposed rule would amend the regulation to establish benchmark levels for the multifamily housing goals for 2023 and 2024 based on a new methodology – the percentage of affordable units in multifamily properties financed by mortgages purchased by the Enterprise each year.

DATES: FHFA will accept written comments on the proposed rule on or before October 17, 2022.

Public Comments

Below are a compilation of public comments made on this publication.

77 items

CSV

Date Sort ascending	First Name	Last Name	Organization	Comment
10/17/22	Mira	Gupta	Youth Alliance for Housing	Please see the attached document for the full comment Email: N/A Attachment: View Attachment
10/17/22	Christian	Keeve	N/A	Dear Director Thompson and FHFA team, My name is Chris Keeve and I li… Email: N/A Attachment: N/A
10/17/22	Diane	Charity	KC Tenants	Dear Director Thompson and FHFA team, My name is Diane Charity and I… Email: N/A Attachment: N/A
10/17/22	Ja'Cari	Scott	PUSH Buffalo	My name is Ja'Cari and I live in Buffalo, New York. I’m writing in res… Email: jacarisantana12@gmail.com Attachment: N/A
10/17/22	Shanzeh	A	N/A	Dear Director Thompson and FHFA team, My name is Shanzeh and I live i… Email: N/A Attachment: N/A
10/17/22	Emma	Anderson	KyTenants	Dear Director Thompson and FHFA team, My name is Emma and I live in L… Email: N/A Attachment: N/A
10/17/22	Magda	n/a	N/A	Dear Director Thompson and FHFA team, My name is Magda and I live in… Email: N/A Attachment: N/A
10/17/22	Khadija	Nancy	PUSH Buffalo	Dear Director Thompson and FHFA team, My name is Khadija Nancy, and I… Email: khadijanancy06@gmail.com Attachment: N/A
10/17/22	Kelly	Viselman	N/A	Dear Director Thompson and FHFA team, My name is Kelly and I live in… Email: kelly@cvhation.org Attachment: N/A
10/17/22	Kevin	Lawrence	N/A	Dear Director Thompson and FHFA team, I am writing from Winston… Email: N/A Attachment: N/A
10/17/22	Joseph	Pigg	American Bankers Association	Attached please find comments from the American Bankers Association. Email: JPigg@aba.com Attachment: View Attachment
10/17/22	Kevin	Stein	California Reinvestment Coalition	Please see attached document for full comments. Email: kstein@calreinvest.org Attachment: View Attachment
10/17/22	Victoria	na	N/A	Dear Director Thompson and FHFA team, My name is Victoria and I live… Email: N/A Attachment: N/A
10/17/22	Christopher	Nunn	Louisville Tenants Union	Dear Director Thompson and FHFA team, My name is Christopher and I liv… Email: chrisnunn1992@yahoo.com Attachment: N/A
10/17/22	Irene	Lawrence	Homes Guarantee Campaign	Dear Director Thompson and FHFA team, My name is Irene and I live in… Email: lawrence.irenea@gmail.com Attachment: N/A
10/17/22	Brandon	Lemay	N/A	My name is Brandon and I live in Manchester, NH. I’m writing in respon… Email: brandon@radnh.org Attachment: N/A
10/17/22	Vishal	Shankar	Revolving Door Project	Dear Director Thompson and FHFA team, We are researchers for the Revo… Email: info@therevolvingdoorproject.org Attachment: View Attachment
10/17/22	CeCe	.	PLAN	Dear Director Thompson and FHFA team, My name is CeCe.K and I live in… Email: larmayakilgore@gmail.com Attachment: N/A
10/17/22	Paul	Bowers	South Carolina Housing Justice Network	Dear Director Thompson and FHFA team, My name is Paul Bowers and I li… Email: paul.m.bowers@gmail.com Attachment: N/A
10/17/22	Aaron	Lerma	N/A	Dear Director Thompson and FHFA team, My name is Aaron Lerma and I li… Email: N/A Attachment: N/A
10/17/22	Laura	Martin	Progressive Leadership Alliance of Nevada	Dear Director Thompson and FHFA team, My name is Laura Martin and I l… Email: lmartin@planevada.org Attachment: N/A
10/17/22	Christine	Saunders	N/A	My name is Christine and I live in Reno, NV. I’m writing in response t… Email: lwj.christine@gmail.com Attachment: N/A
10/17/22	Cee	W	N/A	Dear Director Thompson and FHFA team, My name is Cee and I live… Email: N/A Attachment: N/A
10/17/22	Marie Claire	Tran Leung	National Housing Law Project	Please see the attached comment from the National Housing Law Project. Email: mctranleung@nhlp.org Attachment: View Attachment
10/17/22	Cassandra	Lyons	KY Tenants	Dear Director Thompson and FHFA team, My name is Cassandra and I live… Email: casey86@protonmail.com Attachment: N/A