Coalition Letter to Biden Administration to Extend Indefinitely Federal Financing Bank Funding for FHA Multifamily Risk-Sharing Mortgages
NCSHA and several other leading affordable housing groups signed this February 16, 2024, letter urging the Biden Administration to extend indefinitely the Federal Financing Bank (FFB) funding for FHA multifamily risk-sharing mortgages (FFB Risk-Sharing program). The FFB Risk-Sharing program provides affordable mortgage capital to housing finance agencies to help them finance the production and preservation of affordable rental housing. The programโs current authority expires October 1, 2024.
