Fannie Mae on Tuesday announced enhancements to its Expanded Housing Choice (EHC) initiative, opening it up to all jurisdictions without source-of-income protections.

The government-sponsored enterprise (GSE) said the Housing Choice Voucher program, which launched in 2022, assists very low-income families, seniors and people with disabilities in being able to afford stable and quality housing in the private market. The pilot program incentivizes borrowers of Fannie-backed multifamily loans to accept vouchers as a valid source of income. Fannie said that about 30% of voucher holders are unable to find housing that details ⇒

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