NCSHA’s Key Questions for HFAs in FHFA’s Proposed Duty to Serve Rule

In December, the Federal Housing Finance Agency (FHFA) released its proposed “Duty to Serve” rule for Fannie Mae and Freddie Mac. This rule requires Fannie Mae and Freddie Mac to support housing opportunities for lower income families in three underserved segments of the housing finance market: manufactured housing, affordable housing preservation, and homeownership opportunities in rural areas.