After a review of Fannie Mae's charitable giving by our conservator, the Federal Housing Finance Agency, the Company will continue our support of nonprofit organizations and initiatives that tackle the most urgent needs of communities. This commitment includes support for the Fannie Mae Help the Homeless Program, which has been held annually for 21 years and is now the largest awareness-raising and fundraising event of its kind in the nation.

Our charitable giving will remain focused on a strategy that addresses the nation's toughest housing challenges, works to prevent and end homelessness, and strengthens our hometown of Washington, D.C.

Toughest Housing Challenges. Fannie Mae's philanthropic investments and the volunteerism of its employees support the company's top priority of helping keep people in homes and stabilizing neighborhoods hit hardest by foreclosures. Fannie Mae's giving also answers housing challenges by promoting affordable housing and helps to build vibrant communities.

Preventing and Ending Homelessness. Working to prevent and end homelessness has been deeply ingrained in this company for more than two decades. The Help the Homeless Program was created by Fannie Mae employees in 1988 and currently involves tens of thousands of adults and students who raise money and awareness for the critical needs of families, children, and individuals who are homeless or at risk of becoming homeless. Fannie Mae's giving focuses on the development of permanent supportive housing that offers a lasting solution for preventing and ending homelessness.

Building Communities in Washington, D.C. Washington, D.C., Fannie Mae's hometown for 70 years, will remain a focus of the company's charitable giving. Fannie Mae's commitment to its hometown includes increasing the supply of affordable housing, combating homelessness, supporting financial literacy and workforce development, and building vibrant, thriving neighborhoods.

Employee Engagement. Fannie Mae's employees are passionate about their commitment to giving back to their communities. Our employees volunteer thousands of hours annually and, last year, their personal charitable contributions, matched by the company, resulted in nearly $2 million being giving to almost 1,000 nonprofit organizations. And more than 1,400 employees have used special leave to help rebuild the hurricane-ravaged Gulf Coast by pitching in to build or repair homes and playgrounds. Fannie Mae employees will continue to roll up their sleeves and pitch in wherever they're needed, most especially with foreclosure prevention and financial literacy efforts that are taking place across the country.

The Office of Community and Charitable Giving does not accept unsolicited grant proposals.