Freddie Mac Reaches $1.5B in LIHTC Equity Investments
Freddie Mac recently announced it has provided $1.5 billion in LIHTC equity investments since reentering the market in 2018. In addition to reaching a volume milestone, the program has topped the 100 investments mark. The investments in low-income housing span underserved communities in 25 states, Puerto Rico, and Guam and provide more than 12,600 homes for households that struggle to find safe and affordable rental housing.
Freddie Mac has created an interactive map that details each of its LIHTC equity investments, including property names, locations, the number of units financed, and other key facts. Since 2018, Freddie Mac has been authorized to make up to $500 million in LIHTC equity investments annually and met this quota in every year since.