Freddie Mac News Release Archive

New Annual Forward Commitments Allowance Will Help Drive Creation of New Affordable and Workforce Housing Units MCLEAN, Va., Oct. 07, 2022 (GLOBE NEWSWIRE) --  To help address the national rental housing shortage and affordability crisis, Freddie Mac (OTCQB: FMCC) Multifamily today announced it is... More

MCLEAN, Va., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced the creation of a Low-Income Housing Tax Credit (LIHTC) Syndicator Fund with Berkadia , aiding the agency’s effort to invest up to $850 million in equity annually to create and preserve affordable... More

MCLEAN, Va., Sept. 08, 2022 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index ® (AIMI ® ) fell by 11.7% in the second quarter of 2022, with the index down 17.9% compared with the second quarter of 2021. AIMI decreased nationwide and in all 25 markets on... More

MCLEAN, Va., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that Ian Ouwerkerk has been named senior vice president of Underwriting & Credit. Ian has served as the interim senior vice president of Underwriting & Credit since the first quarter of 2022.... More

4 in 10 saw wage gains, one-third of those say raises won’t cover increased rent MCLEAN, Va., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Nearly 60% of renters say their rents increased in the past 12 months, with a ratio of nearly 1 in 3 seeing rent increases of 10% or more, according to a newly released... More

MCLEAN, Va., Aug. 02, 2022 (GLOBE NEWSWIRE) -- After six months of healthy growth in multifamily fundamentals, Freddie Mac (OTCQB: FMCC) projects the pace of growth will begin to moderate through the remainder of 2022. A contraction in multifamily origination volume to $440-450 billion is expected,... More

MCLEAN, Va., July 21, 2022 (GLOBE NEWSWIRE) -- With the number and cost of weather and climate disasters rising, states have implemented a range of requirements and incentives aimed at mitigating the impact on properties that benefit from federal Low-Income Housing Tax Credits (LIHTC).... More

Properties that Benefit from Federal Tax Subsidies Rarely Increase Rents Significantly After Exiting Program MCLEAN, Va., July 11, 2022 (GLOBE NEWSWIRE) -- Multifamily properties that exit the Low-Income Housing Tax Credit (LIHTC) program generally continue to rent at levels lower than those... More

MCLEAN, Va., June 21, 2022 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index ®  (AIMI ® ) fell by 5.3% in the first quarter of 2022, with the index down 6.1% compared to the first quarter of 2021. Significant multifamily property price growth and higher... More

Multi-Year Plan Outlines Actions to Promote Equitable and Sustainable Access to Housing MCLEAN, Va., June 08, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the company’s first Equitable Housing Finance Plan designed to promote equity and increase sustainable homeownership and... More