Fannie Mae has expanded its Housing Choice Voucher program, which now allows all jurisdictions to benefit, helping very low-income families find stable housing.
Around 30% of voucher holders struggle to find housing that accepts their vouchers, demonstrating the need for such initiatives in the housing market.
The Enhanced Housing Choice initiative incentivizes property managers to accept vouchers, offering benefits such as lower vacancy rates and a steady stream of rent payments.
With this expansion, Fannie Mae aims to promote a more equitable housing market, responding to the needs of vulnerable populations without source-of-income protections.
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