10.13.21
On October 13, the Federal Housing Finance Agency (FHFA) announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $78 billion for each GSE up from $70 billion in 2021, for a combined total of $156 billion to support the multifamily market. The latest increase is based on FHFA’s projections of the overall growth of the multifamily originations market. Additionally, the agency is reinforcing its focus on promoting housing equity by requiring at least 50% of the GSE’s multifamily business be mission driven affordable housing.