Fannie and Freddie plans to improve housing opportunities

The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac (the Enterprises) will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing, and continue addressing liquidity needs for first-time homebuyers.

FHFA published plans that discuss Enterprise initiatives to advance equitable access to affordable and sustainable housing in underserved markets and communities. Their 2025-2027 Duty to Serve (DTS) Underserved Markets Plans [Fannie Mae/Freddie Mac] seek to improve access to mortgage liquidity across three underserved housing markets: manufactured housing, affordable housing preservation, and rural housing. Their 2025-2027 Equitable Housing Finance Plans (EHFPs) [Fannie Mae/Freddie Mac] contain strategies to ensure homeowners and renters in all communities have affordable and sustainable housing opportunities.

Freddie Mac will hold six ‘Develop the Developer’ academies in rural regions to help build rural development capacity. Fannie Mae will focus on enabling rural Community Development Financial Institutions to access secondary markets. Both Enterprises’ DTS plans also enhance their programs for manufactured housing communities to better support owners that voluntarily limit rent increases for leased pads. The Enterprises will also enhance their free financial education and homeownership education materials by adding home maintenance and natural disaster risk topics and translating materials into new languages.