Freddie Mac headquarters

WASHINGTON, DC–In what is a major event for the Low Income Housing Tax Credit markets, Fannie Mae and Freddie Mac will resume their purchasing activity in 2018 having receiving authorization to do so by the Federal Housing Finance Agency.

The FHFA is allowing Freddie Mac to invest in LIHTC equity up to an annual cap of $500 million, subject to certain conditions. Freddie Mac intends to partner with experienced LIHTC syndicators and focus on markets and property types underserved by other investors. Likewise Fannie Mae, although it did not specify what its cap is. “Our volume and where we invest will be dependent on market needs and that changes over time,” Dana Brown, director of Multifamily Customer Engagement and program lead for Fannie Mae LIHTC investment activities, tells

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erika Morphy

Erika Morphy has been writing about commercial real estate at for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.