What agency affordable housing products are available?

What rent restrictions qualify?

Affordability restrictions to households at or below 80 percent area median income on at least 20 percent of units, with a recorded affordability covenant of at least 15 years. Deeper affordability (60 percent and 50 percent AMI) and longer covenants open larger pricing benefits and additional proceeds.

Why does the agency favor these deals?

Targeted affordable loans count toward the requirement that at least 50 percent of purchases by each Enterprise must be mission-driven, and they still count against the cap. There is no separate mission cap. Agencies actively compete for these executions and price aggressively to win them, which translates directly into sponsor savings on qualifying properties.