Freddie Mac Multifamily to Invest in LIHTC
November 16, 2017
We’re starting to invest in Low-Income Housing Tax Credits (LIHTC) to help create and preserve affordable rental housing for low-and very low-income renters.
Developed in alignment with the Federal Housing Finance Agency (FHFA), this investment strategy is part of our Duty to Serve plan to address some of the nation’s most persistent affordable housing problems.
Our goal is to strengthen private investment in affordable and rural housing—by providing owners with much-needed cash equity and developers better access to investment capital.
We expect to close our first investment in January 2018.