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Duty to Serve

Through Duty to Serve, we’re tackling the nation’s most persistent housing challenges

The Housing Affordability Crisis

Video: A Shared Passion

We're facing a housing affordability crisis that affects around 40 million U.S. households. And that number is expected to grow. We welcome the opportunity to lead the industry in developing innovative solutions for rural housing, manufactured housing, and the preservation of affordable housing that will benefit the nation for generations to come.

Duty to Serve logo

Duty to Serve builds on our comprehensive community mission, which starts with our affordable housing goals and contributions to national affordable housing funds, and continues with our added efforts to stabilize communities, prevent foreclosures, responsibly expand credit and educate consumers.

Did you know?

68% of U.S. counties are considered rural.

In rural communities – and neighborhoods across the nation – our 3 percent down Home Possible® mortgage helps position qualified first-time homebuyers and low-to-moderate-income homebuyers for successful homeownership.

We’re working to create much needed rural housing opportunities for more households:

Sweat Equity

Expanding opportunities for borrowers to make a down payment with their skills instead of cash.

LIHTC Equity

Re-entering the Low-Income Housing Tax Credit equity market to help create and preserve more affordable rental housing in communities like Summit County, CO.

Did you know?

61% of all manufactured home communities are in 10 states.

Chris Nicely Chris Nicely

Our SmartMH program with Freddie Mac is bringing together leaders in the manufactured housing industry, lenders and housing counselors to foster better educated, mortgage-ready homebuyers.

Chris Nicely
CEO Next Step

We’re developing innovative approaches to better support manufactured housing options:

Homebuyer Education

Educating mortgage-ready manufactured homebuyers and preparing them for successful homeownership through our partnership with NextStep.

Resident-Owned Communities

Doing more to finance and support resident-owned manufactured housing communities like World Marine Estates in American Canyon, CA.

Did you know?

27% of renters today spend more than half their incomes on rent vs. 20% of them in 2000 and 12% in 1960.

Video: San Francisco RAD

We constantly innovate to find new and better ways to preserve affordable rental housing.

We’re focusing on preserving affordable housing to foster strong, stable communities:

Shared Equity Programs

Supporting the preservation of affordable housing by purchasing community land trust mortgages that helps preserve long-term affordability for families.

Tax-Exempt Financing

Expanding our tax-exempt loan financing to help keep rental housing like Brooklyn’s Eleven33 affordable for low-income renters.

Making a Positive Difference Together

We’re engaging with the industry, community organizations, all levels of government, and other dedicated organizations to take action.

Working together, we’re building a better future.

Join the conversation at #DutyToServe