The enterprise will offer new single-family green disclosures that will allow investors to easily identify mortgage-backed securities that consist of loans eligible for Fannie’s green bonds programs.
Stricter energy codes would lower residents’ housing costs, improve their health and make them more resilient to the impacts of climate change, according to environmental and consumer groups.
Although the GSEs financed fewer affordable units in small multifamily properties, the number of affordable units in Fannie- and Freddie-financed high-rises and garden apartments spiked from 170,000 to 248,000.
FHFA Director Sandra Thompson said workforce housing exemptions should still encourage multifamily borrowers to preserve affordable housing for “extended periods.”
More than 240,000 renters in properties with Fannie-backed loans reported their rent payments to credit bureaus using the Fannie pilot. Some 58% of them saw their FICO scores increase as a result.
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