United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2020_register executive 2020-12-19 article Rules and Regulations D09002ee1c7b4ce23 D09002ee1c7b4d784 United States Federal Housing Finance Agency originator org United States Government Agency or Subagency The Federal Housing Finance Agency (FHFA) is issuing a final rule on the 2021 housing goals for Fannie Mae and Freddie Mac (the Enterprises). The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. The housing goals include separate categories for single- family and multifamily mortgages on housing that is affordable to low- income and very low-income families, among other categories. The final rule establishes benchmark levels for each of the housing goals for 2021. 85 FR 82881 https://www.govinfo.gov/app/details/FR-2020-12-21/2020-28083 2020-28083 fr21de20-2 RIN 2590-AB04 8070-01-P https://www.govinfo.gov/app/details/FR-2020-12-21/2020-28083 https://www.govinfo.gov/content/pkg/FR-2020-12-21/html/2020-28083.htm https://www.govinfo.gov/content/pkg/FR-2020-12-21/pdf/2020-28083.pdf Mortgages Reporting and Recordkeeping Requirements 16 p. 82881 82896 85 FR 82881 Title 12 Part 1282 12 CFR Part 1282 RIN 2590-AB04 2021 Enterprise Housing Goals; Federal Register Vol. 85, Issue RULE 2020-28083 FEDERAL HOUSING FINANCE AGENCY 2021-02-19 8070-01-P 2020-28083 Final rule.

The Federal Housing Finance Agency (FHFA) is issuing a final rule on the 2021 housing goals for Fannie Mae and Freddie Mac (the Enterprises). The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. The housing goals include separate categories for single- family and multifamily mortgages on housing that is affordable to low- income and very low-income families, among other categories. The final rule establishes benchmark levels for each of the housing goals for 2021.

The final rule is effective on February 19, 2021. Ted Wartell, Associate Director, Office of Housing & Community Investment, Division of Housing Mission and Goals, at (202) 649-3157, Ted.Wartell@fhfa.gov; Padmasini Raman, Supervisory Policy Analyst, Office of Housing & Community Investment, Division of Housing Mission and Goals, at (202) 649-3633, Padmasini.Raman@fhfa.gov; or Kevin Sheehan, Associate General Counsel, Office of General Counsel, (202) 649-3086, Kevin.Sheehan@fhfa.gov. Mortgages Reporting and Recordkeeping Requirements 2021 Enterprise Housing Goals, Kevin.Sheehan@fhfa.gov Padmasini.Raman@fhfa.gov Ted.Wartell@fhfa.gov https://go.usa.gov/xvM73 https://www.bea.gov/news/2020/gross-domestic-product-third-quarter-2020-advance-estimate https://www.bls.gov/news.release/empsit.nr0.htm https://www.cbo.gov/publication/56442 https://www.census.gov/construction/nrc/pdf/newresconst.pdf https://www.census.gov/housing/hvs/files/qtr419/Q419press.pdf https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20200916.pdf https://www.fhfa.gov/AboutUs/Reports/Pages/Annual-Housing-Report-2020.aspx https://www.fhfa.gov/Homeownersbuyer/MortgageAssistance/Pages/Coronavirus-Assistance-Information.aspx https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Tools-to-Help-Renters-Find-Out-if-They-are-Protected-from-Eviction.aspx https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Moves-to-Provide-Eviction-Suspension-Relief-for-Renters-in-Multifamily-Properties.aspx https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Provides-Tenant-Protections.aspx https://www.fhfa.gov/Media/PublicAffairs/Pages/Multifamily-Property-Owners-in-Forbearance-Now-Required-to-Inform-Tenants-of-Eviction-Suspension-and-Tenant-Protections.aspx https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/2015-2017-Enterprise-Housing-Goals-Final-Rule.aspx https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Enterprise-Regulatory-Capital-Framework-Final-Rule.aspx https://www.huduser.gov/portal/pdredge/pdr_edge_featd_article_092214.html https://www.huduser.gov/PORTAL/sites/default/files/pdf/worst-case-housing-needs-2020.pdf https://www.jchs.harvard.edu/blog/covid-19-rent-shortfalls-in-small-buildings/ https://www.jchs.harvard.edu/blog/pandemic-will-worsen-housing-affordability-for-service-retail-and-transportation-workers/ https://www.jchs.harvard.edu/blog/the-continuing-decline-of-low-cost-rentals/ https://www.jchs.harvard.edu/sites/default/files/Harvard_JCHS_State_of_the_Nations_Housing_2019.pdf https://www.jchs.harvard.edu/state-nations-housing-2020 https://www.mba.org/2020-press-releases/november/mba-forecast-commercial/multifamily-lending-to-fall-34-percent-in-2020 https://www.mba.org/2020-press-releases/october/mba-forecast-purchase-originations-to-increase-85-to-record-154-trillion-in-2021 https://www.nber.org/cycles/june2020.html https://www.nmhc.org/research-insight/2020-nmhc-construction-survey/2020-nmhc-construction-survey-round-3/ Vol. 85, no. 245 Office of the Federal Register, National Archives and Records Administration 2020-12-21 continuing daily deposited born digital 543 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2020-12-21 P0b002ee1aa52cc28 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr21de20 https://www.govinfo.gov/app/details/FR-2020-12-21 https://www.govinfo.gov/content/pkg/FR-2020-12-21/pdf/FR-2020-12-21.pdf https://www.govinfo.gov/content/pkg/FR-2020-12-21/xml/FR-2020-12-21.xml fdlp 82871 83403 DGPO 2020-12-19 2024-05-30 FR-2020-12-21 machine generated eng FR FR-2020-12-21 85 245