Federal Register #2026-12750

FHFA Proposed Rulemaking: Duty to Serve Underserved Housing Markets

This opportunity involves a proposed rulemaking by the Federal Housing Finance Agency (FHFA) regarding the Duty to Serve Underserved Markets regulation. - Government Buyer: - Federal Housing Finance Agency (FHFA) - OEMs and Vendors: - No OEMs or vendors are mentioned, as this is a regulatory proposal, not a procurement action - Products/Services Requested: - No products or services are being procured - Unique or Notable Requirements: - The proposal seeks to rescind and replace the current Duty to Serve regulation - Aims to enable Fannie Mae and Freddie Mac to better serve very low-, low-, and moderate-income families in manufactured housing, affordable housing preservation, and rural housing markets - Emphasizes innovation and reduced administrative burden for the Enterprises - Proposes changes to definitions, eligibility for Low-Income Housing Tax Credit (LIHTC) investments, and requirements for Enterprise plans and reporting - Focuses on regulatory efficiency and expansion of eligible activities - No contract, product, or service procurement is involved; this is a request for public comment on regulatory changes

Description

The Federal Housing Finance Agency (FHFA) proposes to rescind its regulation on Duty to Serve Underserved Markets and replace it with a new rule. The new rule aims to enable Fannie Mae and Freddie Mac to better serve very low-, low-, and moderate-income families in the manufactured housing, affordable housing preservation, and rural housing markets. The rule seeks to promote greater innovation and reduce administrative burden. FHFA invites comments on the proposed rule by July 24, 2026.

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