NCSHA Letter to FHFA on GSE Equitable Housing Finance Plans
On October 25, 2021, NCSHA submitted this letter to the Federal Housing Finance Agency (FHFA) on its directive requiring the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to “prepare and implement three-year Equitable Housing Finance Plans.” In the letter, NCSHA expresses its strong support for FHFA’s directive and outlines two specific opportunities for GSE partnerships with HFAs that can help the GSEs better serve minority communities: expanding GSE financing through HFA homeownership programs, including their special HFA products, and piloting acquisition, development, and construction financing and small-dollar mortgage financing through HFAs.
