New Affordability Test Available
We posted a new Affordability Test, version 5.5, which helps our Optigo® lenders determine the percentage of a property's units that meet FHFA’s mission-driven requirements.
With this version of the tool, we’ve added a new category under the Product Eligibility section for Green Certification loans, which require 40% of units to be workforce housing. We’ve also updated Green Retrofits, which now require that at least 20% of units are affordable at 60% area median income.
For more information, visit our Affordability Test and Other Resources webpage. If you have any questions, please contact your Freddie Mac representative.