WebEquitable Housing Finance Plan Fannie Mae’s three-year Equitable Housing Finance Plan seeks to knock down barriers faced by Black homeowners and renters through piloted solutions that remove unnecessary obstacles to first-time homeownership and access to affordable, quality rental housing. 17 actions span across the housing journey 13. WebMar 17, 2024 · The Downpayment Toward Equity Act provides eligible first-time home buyers up to $25,000 cash for down payment on a home, closing costs on a mortgage, interest rate reductions via discount points, and other home purchase expenses. As of April 8, 2024, the program requires that home buyers: Be a first-time home buyer.

The 2024 Equitable Housing Finance Plan Performance Report

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Fannie Mae on LinkedIn: Kimberly Johnson, our new Chief …

WebApr 6, 2024 · Both Fannie Mae and Freddie Mac announced updates Wednesday to their three-year Equitable Housing Finance Plans, which are intended to promote sustainable homeownership and rental opportunities for underserved communities of color nationwide. Fannie Mae said it’s plan focuses on two objectives that address common obstacles … WebIn a limited equity cooperative, residents own shares in a cooperative housing corporation that can be resold at prices that ensure continued affordability and … WebMay 16, 2024 · WASHINGTON, DC – Fannie Mae today announced the launch of its 2024 Sustainable Communities Innovation Challenge (IC22), the company’s second such initiative, committing $5 million to attract innovative ideas that will help advance racial equity in housing.The company expects to receive proposals from across the public, private, … parking at the french quarter