Finance and Capital Markets
Apartments are a capital-intensive business that require a diversity of debt sources to provide mortgage financing for a wide array of properties. Almost nothing has the ability to impact the health of the apartment industry like reliable access to credit.
Housing Equity Guide
NMHC, working with Enterprise Community Partners, created this Guide as a resource to help highlight ways that multifamily housing can help improve outcomes for underserved populations by supporting the advancement of housing equity in communities across the country.
This section describes a series of practices and examples in apartment investment and financing of how some organizations are advancing housing equity. Practices described include engaging investors about housing equity, and addressing developer capacity, balance sheet and location risks.
FHFA News
On April 27, 2022 the Federal Housing Finance Agency (FHFA) released the 2022-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac (the Enterprises) under the Duty to Serve (DTS) Program.
The Enterprises are required to submit proposed plans every three years to FHFA that outlines their objectives and activities to serve three underserved markets—manufactured housing, rural housing and affordable housing.
Featured Podcast
How is regional bank turmoil, inflation and forecasts of continue interest rate hikes impacting the Multifamily sector? Host Alison Johnson is joined by Dr. Brad Case, Chief Economist and Director of Research for Middleburg Communities for a multifamily focused analysis that puts current market conditions in context.
GSE Reform Fact Sheet
More information on GSEs and housing finance reform, in addition to the NMHC/NAA viewpoint.
Read More- Coalition Letter to HUD on DSCR and LTC
- NMHC-NAA Comment Letter to FHFA on FHLBank System
- NMHC-NAA Comment Letter to House Committee on Small Business on Beneficial Ownership Rule
- NMHC-NAA Statement for Senate Banking Hearing on Oversight of Federal Housing Regulator
- Coalition Letter on Like-Kind Exchange Budget Proposal
