Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 160

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 160
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Low Income Housing Tax Credits Investments

In August, FHFA announced that it had doubled the amount of equity that we can invest in LIHTC properties from $1 billion to $2 billion each year and designated certain requirements for the level of those investments that should be dedicated to transactions that have difficulty attracting investments, including those that meet the needs of Duty to Serve rural markets.

Proposed Affordable Housing Goals for 2026-2028

In October 2025, FHFA published a proposed rule that would establish affordable housing goals for the Enterprises for 2026 through 2028. The proposed rule also combines the two subgoals for low-income census tracts and minority census tracts into a single low-income areas subgoal.

Affordable Housing Goal Results

In October 2025, FHFA informed us that we achieved all of our single-family and multifamily goals and subgoals for 2024. Our performance on the goals for 2024 and 2023, as determined by FHFA, is set forth in the table below.

Table 40 - 2024 and 2023 Affordable Housing Goals Results20242023Affordable Housing GoalsBenchmark LevelMarket LevelResults Benchmark LevelMarket Level ResultsSingle-Family:Low-income home purchase goal28 %25.5 %26.6 %28 %26.3 %28.5 %Very low-income home purchase goal7 6.0 6.1 7 6.5 6.8 Low-income areas home purchase goal(1)19 27.9 28.0 20 28.1 29.5 Minority census tracts home purchase subgoal10 11.9 12.0 10 12.2 13.2 Low-income census tracts home purchase subgoal4 9.9 9.2 4 9.8 9.4 Low-income refinance goal26 34.8 33.0 26 40.3 43.2 Multifamily:Low-income goal 61 %N/A65.3 %61 %N/A67.1 %Very low-income subgoal12 N/A15.3 12 N/A20.6 Small multifamily (5-50 units) low-income subgoal2.5 N/A3.4 2.5 N/A4.1 

(1)The low-income areas home purchase goal benchmark level is