Fannie Mae announced that it has completed its third and final multi-tranche Multifamily Credit Insurance Risk Transfer transaction of 2019 covering a pool of approximately $9.9 billion of existing multifamily loans in the company's portfolio.
Fannie Mae priced its first Multifamily Connecticut Avenue Securities® (MCAS™) transaction as part of the company's ongoing efforts to expand the types of loans covered and promote the continued growth of the credit risk transfer market.
Fannie Mae announced that it will provide a $14 million Low-Income Housing Tax Credit (LIHTC) equity investment to facilitate the development of Mino-bimaadiziwin Apartments, a 110-unit multifamily residence in Minneapolis.
Fannie Mae announced that it has completed a multi-tranche Multifamily Credit Insurance Risk Transfer (MCIRT™) transaction covering a pool of approximately $10.7 billion of existing multifamily loans in the company's portfolio.
Fannie Mae (FNMA/OTCQB) today announced the selection of five innovative ideas to receive contract awards under the Sustainable Communities Innovation Challenge: Healthy Affordable Housing. The Challenge is an open competition seeking innovative ideas that aim to bring affordability and stability to underserved areas and help ensure residents have access to healthy, quality affordable, safe places to call home.
In a recent poll, 46% of American adults said they would prefer to live in a community with access to better schools and/or childcare, but cannot afford to do so; while 58% say communities with better job opportunities are too expensive for them to live in.
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