Freddie Mac‘s multifamily division reported Thursday that its 2025 production volume totaled $77.6 billion, a 17% increase from 2024.

The government-sponsored enterprise (GSE) said it supported 577,000 affordable rental units across the U.S. while “maintaining strong safety and soundness standards.”

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 details ⇒

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