"Production for the year included $1.2 billion in Low-Income Housing Tax Credit (LIHTC) equity investments, $1.1 billion in workforce housing preservation loans and $2.4 billion in forward conversions, which are not subject to the Federal Housing Finance Agency (FHFA)'s multifamily loan cap. Our focus in 2025 was on bringing liquidity to the multifamily market to increase the supply of affordable rental housing in communities across the country, said Kevin Palmer, head of multifamily for Freddie Mac."
"Freddie Mac said it strengthened product offerings in 2025 to better support the creation of new rental housing, such as expanding its forward program to include conventional properties. It also enhancing lease-up loans with an additional borrow-up at first mortgage pricing to reduce costs and increase certainty for developers. Following the doubling of the LIHTC equity cap in August, Freddie Mac Multifamily made a record $1.2 billion investment in LIHTC equity in 2025 and reached a record level of forward commitments during the year."
"Freddie Mac said it financed the creation, preservation or rehabilitation of more than 59,000 affordable housing units in 2025 through workforce housing preservation programs, forward commitments and forward conversions. The company's long-term financing facilities generated $2 billion in new funding in 2025, a 42% increase from the prior year. Its structured products business closed 10 transactions totaling $2.5 billion, including a record eight Q-Deals totaling $2.2 billion."
Production in 2025 included $1.2 billion in LIHTC equity investments, $1.1 billion in workforce housing preservation loans, and $2.4 billion in forward conversions exempt from the FHFA multifamily loan cap. The focus was bringing liquidity to the multifamily market to increase affordable rental supply nationwide. Product enhancements expanded the forward program to include conventional properties and added borrow-up options on lease-up loans at first mortgage pricing to lower costs and increase certainty for developers. After the LIHTC equity cap doubled, a record $1.2 billion was invested in LIHTC equity. More than 59,000 affordable housing units were financed, long-term facilities generated $2 billion in new funding, and structured products closed $2.5 billion in transactions to support market liquidity.
Read at www.housingwire.com
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