NCSHA Letter to FHFA on Tenant Protections for Enterprise-Backed Multifamily Properties
On July 31, 2023, NCSHA responded to the Federal Housing Finance Agency’s request for input on tenant protections for multifamily properties with mortgages backed by Fannie Mae and Freddie Mac. The letter highlighted the work state housing finance agencies are doing to address the issues tenants face with respect to the FHFA’s investigation to establish whether further tenant protections are needed. The letter urged FHFA to center preservation as a focus on protection efforts, while also considering data and analysis as the means of rolling out any new measures.
