FHFA Announces Equitable Housing Finance Plans for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will submit Equitable Housing Finance Plans to FHFA by the end of 2021.
The Enterprises will update these plans annually and they will identify and address barriers to sustainable housing opportunities, including the Enterprises’ goals and action plans to advance equity in housing finance for the next three years.
FHFA also will require the Enterprises to submit annual progress reports on the actions undertaken during the prior year to implement their plans.
Under the recently signed Memorandum of Understanding between FHFA and HUD regarding fair housing and fair lending coordination, HUD provided insight and expertise to FHFA regarding this equitable housing finance initiative.
FHFA is issuing a Request for Input that seeks public comment until Oct. 25, to aid the Enterprises in preparing their first plans and to aid FHFA in overseeing the plans.
FHFA will also host a public listening session on Sept. 28 to allow for additional public input.
Latest from NAHBNow
Disaster Response
May 27, 2025
Home Builders Fund Helps Rebuild Homes After Natural DisastersThis year, natural disasters have once again left a trail of destruction across the country. In response, the HBIDRF has stood alongside local and state HBAs as they support their communities and members in times of crisis.
Membership | Housing Affordability
May 23, 2025
Florida Builders and Local Leaders Team Up to Create Lasting Affordable HousingAn innovative partnership between the HBA of West Florida and local lawmakers is offering a blueprint for how communities across the U.S. can create lasting, affordable housing.
Latest Economic News
Economics
May 27, 2025
Building Material Price Growth Minimal in AprilPrices for inputs to new residential construction—excluding capital investment, labor, and imports—fell 0.4% in April, following a (revised) increase of 0.8% in March. These figures are taken from the most recent Producer Price Index (PPI) report published by U.S. Bureau of Labor Statistics.
Economics
May 26, 2025
State-Level Employment Situation: April 2025Nonfarm payroll employment increased in 40 states in April compared to the previous month, while it decreased in 10 states and the District of Columbia. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 177,000 in April following a gain of 185,000 jobs in March.
Economics
May 23, 2025
Volatile Spring Selling Season ContinuesThe Census estimate of new home sales posted an unexpected gain in April even as builders and consumers continue to deal with economic uncertainty, elevated interest rates and rising building material costs.