![]() ![]() This change will streamline the mission-driven definitions but maintains the same affordability focus as in 2022. ![]() Loans on seniors housing and small 5-50 unit multifamily properties will now be included in the Other Affordable mission-driven category. This is intended to support residents living closer to places of employment, hospitals, and schools. Removing the requirement that 25 percent of the Enterprises’ multifamily business be affordable at 60 percent of AMI or below to reduce inconsistencies with FHFA’s Housing Goals regulation.Ĭreating a new category focused on preserving affordability in workforce housing to encourage financing of loans on properties with rent or income restrictions affordable at levels that meet market needs. For 2023, FHFA is making the following changes: ![]() To ensure a strong focus on affordable housing and traditionally underserved markets, FHFA requires that at least 50 percent of the Enterprises’ multifamily business be mission-driven, affordable housing in accordance with the definitions inįHFA is revising the multifamily requirements for mission-driven, affordable housing in Appendix A. ![]()
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