Duty to Serve

Affordable Housing Preservation

Leading the way in affordable housing preservation

To fulfill our mission of affordable housing, we are working with our stakeholders and partners to drive positive change. Together, we’re investing in affordable, sustainable homeownership and rental options. We’re also supporting efficiency, resiliency, and rehabilitation to preserve and improve the availability of affordable housing across the country.

Current Duty to Serve Plans

Proposed Duty to Serve 2022-24 Plan

We’re making affordability sustainable

Our work helps more families find affordable homes — and stay in them longer. Our Single-Family and Multifamily teams collaborate with industry stakeholders to innovate solutions for today’s market.

What’s new in affordable housing

MH Advantage® and a new approach to affordable homeownership

Learn how the Housing Land Trust of Sonoma County is piloting a new model that leverages MH Advantage qualifying homes to tackle housing affordability in disaster recovery and high-cost areas.

Read the White Paper

10 Million Stories

We’ve financed over 10 million rental units, helping preserve and grow our nation’s supply of affordable housing.

Explore the stories

Shared equity case study — San Francisco

Learn how homeownership supports equity and stability for lower-income Bay Area residents.

Multifamily Market Commentary

State and local governments consistently do more with less funding — but can it continue?

Find out more

Single-family affordable housing

We’re working to increase liquidity for shared equity programs

Models like community land trusts and restricted resale properties preserve affordability and encourage homeownership.

Shared equity programs

Our financing makes property improvements possible

We offer financing options for energy and water efficiency and the rehabilitation of distressed single-family properties.

Our innovative mortgage products

Borrower education and support

We’re educating borrowers on shared equity, energy efficiency, and lowering costs, and we’re offering counseling programs.

Homeownership education resources

Multifamily affordable housing

We leverage affordable housing preservation programs on every level

We pursue preservation strategies and purchase loans under federal, state, and local housing programs.

Affordable preservation financing

Workforce housing is a mainstay of our efforts

We’re building on our long-standing support for workforce housing initiatives.

Our suite of affordable products

We set the standard in Green Financing

Our water and energy efficiency improvement programs make properties more sustainable and create savings.

Green Financing resources

Our accomplishments*

* Except as otherwise indicated, totals reflect Q1 – Q3 2020. Fannie Mae’s 2020 results have not been validated by FHFA. After validation, they may differ from the results reported.