On Nov. 25, FHFA published plans to improve housing opportunities.
FHFA published three-year plans to improve housing opportunities for the underserved.
Published the Fannie2025-2027 Underserved markets plans, Fannie2025–2027 Equitable housing finance plan, and Freddie2025–2027 Underserved markets plan.
Additionally, published the Freddie2025–2027 Equitable Housing Finance Plan.
Housing Opportunities Plan
Fannie, Freddie to extend housing access in rural underserved markets, enhance support for manufactured housing, address liquidity needs for first-time homebuyers.
Ensure homeowners, renters have affordable and sustainable housing opportunities, expand liquidity to serve 690,000 renter households, 90,000 homeowner households.
For the first time, plans include strategies to help communities across the entire rural market, in addition to the highest-need rural populations defined by the regulation.
Freddie to hold six Develop the developer academies in rural regions to help build rural development capacity, Fannie focus on Community development financial institutions.
Both agencies plan to enhance their programs for manufactured housing communities to better support owners that voluntarily limit rent increases for the leased pads.
Will also enhance free financial education and homeownership education materials by adding home maintenance, natural disaster risk topics, translating into new languages.
Effectiveness
The Fannie and Freddie three-year plans will become effective on Jan. 1, 2025.
