FHFA Authorizes Payments to Housing Trust Fund and Capital Magnet Fund

Washington, D.C. – FHFA Acting Director Joseph Otting announced today that he has authorized the disbursement of Fannie Mae and Freddie Mac’s affordable housing allocations for 2018 to the U.S. Department of Housing and Urban Development for the National Housing Trust Fund of $244.86 million and to the Department of the Treasury for the Capital Magnet Fund of $131.84 million.