Fannie Mae and Freddie Mac will be allowed to double their annual investments in Low-Income Housing Tax Credit (LIHTC) properties from $2 billion to $4 billion, the Federal Housing Finance Agency (FHFA) announced Tuesday. 

The move, which is intended to advance the affordable housing missions of the government-sponsored enterprises (GSEs), aligns with the Trump’s administration’s One Big Beautiful Bill Act, the FHFA said in a statement.

The LIHTC program provides tax credits to developers who agree to reserve a portion of their rental units for lower-income households.

The GSEs exited from this details ⇒

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