FHFA Releases Equitable Housing Finance Plans for Fannie Mae, Freddie Mac

Housing Finance
Published

The Federal Housing Finance Agency (FHFA) today released Equitable Housing Finance Plans for Fannie Mae and Freddie Mac for 2022-2024. The plans are designed to promote sustainable homeownership and rental housing opportunities for traditionally underserved Black and Latino communities nationwide.

Freddie Mac says it will be exploring action in five key areas:

  1. Addressing the homeownership gap
  2. Strengthening investment within formerly redlined areas.
  3. Financing the creation and preservation of affordable housing
  4. Increasing opportunities for renters
  5. Helping to address disparities among Black and Latino communities

Fannie Mae says its plan will focus on three areas:

  1. Housing preparation
  2. Buying or renting
  3. Moving in and maintaining sustainable homeownership

The 2022-2024 plan activities, which will be updated annually, address barriers experienced by renters, aspiring home owners, and current home owners – particularly in Black and Latino communities. These activities include but are not limited to:

  • Consumer education initiatives for renters and home owners;
  • Credit reporting to help tenants build credit profiles and enable better access to financial services;
  • Expanding counseling services to support housing stability;
  • Deploying technology to improve access to sustainable credit and fair home appraisals; and
  • Special Purpose Credit Programs to address barriers to sustainable homeownership.

View the Fannie Mae Equitable Housing Finance Plan.

View the Freddie Mac Equitable Housing Finance Plan.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Membership Recruitment and Retention

Nov 13, 2025

Fall Recruitment Competition Nears Finish Line

The competition concludes on Nov. 30 with several International Builders' Show prizes on the line.

Advocacy

Nov 13, 2025

Congress Passes Deal to Temporarily Fund Government and National Flood Insurance Program

On Nov. 12, Congress passed a short-term continuing resolution to reopen the government after the longest shutdown in history. The resolution, which President Trump signed late that evening, funds the government through Jan. 30, 2026.

View all

Latest Economic News

Economics

Nov 13, 2025

Unchanged Lending Conditions for Residential Mortgages in Third Quarter

Lending standards for most types of residential mortgages were essentially unchanged, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for construction & development were modestly tighter, while multifamily was essentially unchanged. Demand for both CRE categories was essentially unchanged for the quarter.

Economics

Nov 12, 2025

Adjustable-Rate Mortgage Applications Rise

All types of mortgage activity rose on a year-over-year basis in October, supported by recent declines in interest rates. Notably, adjustable-rate mortgage (ARM) applications more than doubled from a year ago, and refinancing activity continued to strengthen.

Economics

Nov 12, 2025

Employment Loss and Post-COVID Recovery Across U.S. Metro Areas

In April 2020, total payroll employment in the United States fell by an unprecedented 20.5 million, following a loss of 1.4 million in March, as the COVID-19 pandemic brought the economy to a sudden halt. The unemployment rate surged by 10.4 percentage points to 14.8% in April. It was the highest rate effectively since the Great Depression.