The Federal Housing Finance Agency (FHFA) is raising the multifamily loan purchase cap for the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) to $73 billion each, a 4% year-over-year increase.
Multifamily loans that finance workforce housing will be excluded from the 2025 limits. FHFA establishes the caps every year and the current cap per GSE is $70 billion.
“The 2025 multifamily loan caps reflect the Enterprises’ strong commitment to provide liquidity to make renting a home more affordable,” said FHFA Director Sandra L. Thompson. “Additionally, the ongoing workforce housing exemption will continue to enhance the Enterprises’ ability to support properties that preserve affordable rents, including properties preserved or created through corporate-sponsored affordable housing initiatives.”
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