The Sustainable Communities Initiative
Our Sustainable Communities Initiative forges partnerships in sectors adjacent to housing, such as employment, education, and health, to explore innovative ways to support affordable housing for families of low to moderate incomes. We define sustainable communities as those offering affordable housing and integrated access to well-paying jobs, high-performing schools, and health and wellness services.
Fannie Mae recognizes that the story of housing in America includes a history of systemic racism and the lack of affordable housing disproportionately affects people of color and poses an obstacle to their advancement and general well-being. We are committed to doing all that we can to support a housing finance system that is free of racism, including partnering with organizations that reflect and serve communities of color.
Read about our Sustainable Communities Innovation Challenge 2022.
Good health starts at home
Our Innovation Challenge awardee Children’s National Hospital in Washington, DC is using virtual home visits to identify ― and fix ― substandard housing conditions that trigger asthma in childrenLearn more
Taking homebuying dreams off hold
Latino communities in Rio Grande Valley, TX, were hit disproportionately hard by the COVID-19 pandemic. Despite challenges, our Innovation Challenge partner Come Dream, Come Build continues to help families become homeownersLearn more
COVID-19 has redefined home
Learn how we’re working with innovative partners to support underserved communities with access to virtual education, workforce training, and healthy living conditionsRead more
Building sustainable communities
Areas impacted by systemic racism and decades of underinvestment have been hit especially hard by COVID-19. Our partnerships address holistic needs to help families thriveLearn more
Why sustainable communities matter
When families live in stable homes in a sustainable community, they have greater opportunities to prosper in all aspects of life and are more resilient to life’s shocks and stressors. Yet housing in stable, thriving communities is often out of reach for people of modest incomes.
That’s why the Sustainable Communities Initiative is collaborating across sectors to address this growing problem and find innovative solutions that improve resident outcomes. When we do, not only will we help create a stronger U.S. housing market, but millions more homeowners and renters will be able to access housing in sustainable communities — affordably and equitably.
Partnerships, solutions and positive impact
Through the Sustainable Communities Initiative, Fannie Mae has awarded $7 million since 2018 to support innovative projects with 13 organizations that are tackling the challenges of affordable housing from different angles. The results are already promising.
Explore our collaborative projects
Click the links below to learn more about our innovative projects and our partners. You can watch videos and learn about the exciting impact of projects in key areas.