Bipartisan House Letter to Treasury: Protect Investments in Rural Housing
Twenty bipartisan members of the House of Representatives sent this November 3, 2023, letter to the U.S. Department of Treasury requesting an issuance of guidance clarifying that Fannie Mae and Freddie Mac are not considered tax-exempt controlled entities to preserve critical investments in rural housing.
This letter is endorsed by NCSHA, as well as the National Association of Home Builders, the National Association of State and Local Equity Funds, the Council for Affordable and Rural Housing, Housing Advisory Group, and Michigan State Housing Development Authority.
