NCSHA Blog
- November 9, 2018
NCSHA released a significantly expanded second edition of its Opportunity Zone Fund Directory today, including details on 34 Qualified Opportunity Funds (QOFs) formed to attract Opportunity Zone investment. Opportunity Zones are a new community development tool authorized in the Tax Cuts and Jobs Act of 2017 to encourage investment in designated high-poverty neighborhoods. - November 8, 2018
On November 6, the Federal Housing Finance Agency (FHFA) released its 2019 multifamily lending caps for the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac. Each of the firms’ multifamily business will be capped at $35 billion next year, mirroring allocations to each GSE in 2018. - November 7, 2018
Freddie Mac has published three additional white pages in its “Duty-to-Serve” series, designed to examine efforts to encourage housing affordability and increase rental and homeownership opportunities in underserved markets. The papers address Housing Credit incentives, affordable housing in high-opportunity areas, and mixed-income housing in areas of concentrated poverty. - October 30, 2018
According to the Federal Housing Finance Agency (FHFA) Annual Housing Report for 2018, released today, Fannie Mae met all its affordable housing goals in 2017, while Freddie Mac met its multifamily goals but had a mixed record on its single-family goals. - October 25, 2018Freddie Mac has published two white papers, “LIHTC in Middle Appalachia” and “LIHTC in Indian Areas,” highlighting how the Housing Credit is being used to bring affordable rental housing to underserved markets.
