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MF.FreddieMac.com

Our Multifamily Participation Certificate (Multi PC) program includes both taxable and tax-exempt certificates. Multi PCs are direct pass-through securitizations and are fully guaranteed by Freddie Mac. Tax-exempt Multi PCs are supported by tax-exempt loans that are primarily originated in high-cost areas and tend to have low loan-to-value ratios or high debt service coverage ratios, or both. Some taxable Multi PCs may be eligible for Social or Green Bonds designation, while some tax-exempt Multi PCs may be eligible for Social Bonds designation.

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