On August 5, the Federal Housing Finance Agency (FHFA) announced that the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, can now each double their annual investment in Low Income Housing Tax Credits (LIHTC) to $2 billion. In addition, FHFA is requiring one-half of their total $4 billion annual investment be invested in difficult to serve housing markets and of that $2 billion 20 percent ($400 million) be for housing in rural markets. The Housing Assistance Council (HAC...
