Fannie Mae invests $14 million for low-income housing tax credit

Oct 11, 2019 |

Fannie Mae announced Wednesday that it will invest $14 million for a Low-Income Housing Tax Credit as it facilitates the development of a 110-unit multifamily residence. Back in 2017, mortgage giants Fannie Mae and Freddie Mac announced they were re-entering the LIHTC market, the federal program which encourages investment of equity into affordable rental housing. Freddie Mac explained at […more]

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