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FHFA clears Fannie, Freddie to double down on affordable housing

Capacity to invest in low-income tax credits rises from $2 billion to $4 billion
The 1,525-unit Linden Plaza in Brooklyn, New York, is one of the largest affordable housing projects in the country financed using Low-Income Housing Tax Credits. (CoStar)
The 1,525-unit Linden Plaza in Brooklyn, New York, is one of the largest affordable housing projects in the country financed using Low-Income Housing Tax Credits. (CoStar)
CoStar News
August 7, 2025 | 9:00 P.M.

The Federal Housing Finance Agency is doubling the amount that Fannie Mae and Freddie Mac can invest in Low-Income Housing Tax Credit properties to $2 billion each, a move that is expected to inject $4 billion yearly into the nation’s affordable housing market.

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