Affordability Test

The Affordability Test helps our Optigo® lenders determine the percentage of a property's units that meet the Federal Housing Finance Agency's (FHFA) 2025 mission-driven requirements.

The following inputs are required for the tool:

  • State in which the property is located
  • County in which the property is located
  • Number of units per bedroom type
  • Monthly rent & utilities payment per bedroom type

Affordability Test (Revised December 16, 2024)

Affordability Test Directions

Affordability Test Directions: Additional Information for XML Users

Affordability Test Frequently Asked Questions

Other Resources

Mission Map

Our interactive Mission Map helps you locate targeted affordable properties across the U.S. and highlights markets with special designations, such as Duty to Serve and opportunity zones.

Mission Map Tool

Preservation Prospector Tools

We’ve created two new Preservation Prospector tools, for our Optigo lenders, powered by the National Housing Preservation Database (NHPD). We’re helping our network identify and pursue financing opportunities — to preserve and improve Section 8 and Low-Income Housing Tax Credit (LIHTC) properties across the nation.

You’ll find owner information for more than 50,000 properties. Filter by state, city, county, metropolitan area (MSA) or tract number, as well as by Duty to Serve categories.

Learn more.

Preservation Prospector Tools

Our Preservation Prospector tools leverage data from the database — a joint initiative by the Public and Affordable Housing Research Corporation (PAHRC) and the National Low Income Housing Coalition (NLIHC). The database was created to give stakeholders the information they need to effectively preserve their stock of public and affordable housing.  

Using Preservation Prospector, you’ll find owner information for more than 50,000 properties. Filter by state, city, county, metropolitan area (MSA) or tract number, as well as by Duty to Serve categories.

Key features of the Section 8 tool include:

  • Summary stats to identify markets that may have a higher opportunity for transactions
  • Searchable/sortable property details to find specific properties or owners to pursue and analyze market opportunity

Key features of the LIHTC tool include:

  • Summary stats to locate markets that have a high opportunity for transactions
  • Searchable/sortable Year 10-15 property details to identify opportunities for resyndications
  • Searchable/sortable Year 15-30 property details to identify potential cash preservation opportunities
  • Searchable/sortable Year 30 property details to identify properties reaching the end of their extended use periods and identify opportunities for resyndication or other preservation business

For more information, contact Kevin Burke at Freddie Mac.