Helping those who lost their homes come home again
Fannie Mae's LIHTC equity investment in Olive Ranch, and 81-unit apartment development in Oroville, CA, is helping residents who lost their homes to the Butte County, CA, 2018 wildfires return to their community and rebuild their lives.
Housing and supportive services for at-risk youth experiencing homelessness
The 58-unit Arlington Apartments property in Tacoma, WA provides quality housing, counseling, and other services.
Providing urban affordable housing for Native Americans
The 110-unit Mino-Bimaadiziwin property in Minneapolis, MN delivers affordable housing for members of the Red Lake Band of the Chippewa Indians.
Offering housing solutions to women in need
The Grace Garden property in Fargo, ND provides supportive services and a stable community to survivors of domestic violence and to formerly unhoused mothers and children.
Fannie Mae’s Low-Income Housing Tax Credit (LIHTC) equity investments have helped thousands of individuals in need access high quality affordable housing.
We provide a reliable source of capital to support the creation and preservation of affordable rental housing and have invested in hundreds of properties since re-entering the market in 2018, working closely with syndicator partners, developers, and housing experts.
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LIHTC Animated Video Series
View the video series, which showcases our LIHTC equity investments and its positive impact on residents, affordable housing, and communities across the country.
Watch videosCreating and preserving affordable housing throughout the U.S.
Our work in LIHTC supports rental housing when and where those needs are not being met. We have made investments in 49 states, Guam, Puerto Rico, the U.S. Virgin Islands, and Washington, D.C. including hundreds of rural investments. We also target:
- Rural and other target markets.
- Populations with unmet needs, including Native American and farmworker communities.
- Housing that provides supportive services.
- Disaster-impacted areas.
See how Fannie Mae's LIHTC equity investments focus on communities in need.
Olive Ranch in Oroville, CA delivers quality affordable housing to a community impacted by wildfire destruction. The property provides residents who were displaced with on-site social services and a place to call home. This is a story of how Fannie Mae’s LIHTC investment helped provide a community with a new start after the devastating wildfires in 2018.
September 1, 2021
Fannie Mae Increases Commitment to Low-Income Housing Tax Credit Market
About LIHTC
The federal government’s Low-Income Housing Tax Credit (LIHTC) program is a proven and effective way to create and preserve the supply of affordable rental housing for low- and very low-income households. It encourages and channels private equity investment by awarding tax credits to affordable housing developers, who then exchange those tax credits with corporate investors in return for capital contributions for affordable multifamily rental housing.
By channeling private capital investment, the LIHTC program supports the creation or preservation of almost all subsidized housing in the U.S. Approximately 90,000 apartment units are built each year using LIHTC, enabling thousands of Americans to find affordable rental housing.