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Fannie Mae Multifamily Has Completed $1.5 Billion of Low-Income Housing Tax Credit Investments Since 2018 - Vimarsana News

Fannie Mae Multifamily Has Completed $1.5 Billion of Low-Income Housing Tax Credit Investments Since 2018

Share this article Share this article WASHINGTON, Jan. 19, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that since its return to the Low-Income Housing Tax Credit equity (LIHTC) market in 2018, it has provided $1.5 billion of equity investments to support the creation and preservation of 576 affordable properties. Fannie Mae's investments in 46 states and the District of Columbia are part of an ongoing commitment to affordable rental housing in underserved markets. Fannie Mae investments have enabled the preservation and production of LIHTC properties with a focus on underse...

Fannie Mae Helps Finance $289 Million Rental Assistance Demonstration Transaction with New York City Housing Development Corporation - Vimarsana News

Fannie Mae Helps Finance $289 Million Rental Assistance Demonstration Transaction with New York City Housing Development Corporation

Fannie Mae Helps Finance $289 Million Rental Assistance Demonstration Transaction with New York City Housing Development Corporation Financing Will Fund Repairs and Renovations for 16 Properties with 1,718 Apartment Units News provided by Share this article Share this article WASHINGTON, Dec. 10, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today it financed a $289 million Rental Assistance Demonstration transaction with its Delegated Underwriting and Servicing (DUS ®) lender partner Wells Fargo and the New York City Housing Development Corporation. The 30-year financing, put toge...