Fannie Mae Seeks Innovative Housing Ideas

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Summary

Its the second time the GSE is seeking innovative ideas to advance racial equity in housing, focusing on addressing supply, funding and credit barriers. Advancing greater equity in housing is rooted in Fannie Maes mission and integral to our environmental, social, and governance strategy. We are excited to collaborate with new partners to source innovative ideas that help underrepresented populations find quality, affordable, stable places to call home." Since 2018, Fannie Mae has awarded more than $7 million to support innovative projects that are tackling the challenges of affordable housing from different angles. Pandemic-inspired projects supported by the fund included a fully virtual homebuyer education program in Brownsville, Tx.

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