Insights from the Freddie Mac Multifamily team.
Housing affordability is an uphill battle – but the SBL team will not be deterred.
We had another outstanding year and I encourage all our lenders, servicers, investors, borrowers and staff to enjoy a quick moment of pride from all that we accomplished together.
We had another record year in 2018 – thanks to our dedicated staff, our network of top Seller/Servicers and our continually expanding investor base.
It's another record high in Targeted Affordable Housing volume. Read about 2018 highlights and how we're making a difference in communities nationwide.
In our research, we find that performance in the multifamily market remained healthy during 2018, despite high levels of new supply entering the market. We expect this trend to continue into 2019, but with more modest growth in comparison to recent years.
Increasingly, energy and water savings are bolstering the bottom line of multifamily property owners and their tenants' budgets - and the Freddie Mac Multifamily Green Advantage® program has made this more and more possible.
I know it sounds cliché, but there really is no place like home – especially one where you make home possible for others. That's what Freddie Mac is to me.
Nashville is a city where you feel things happening. Everywhere downtown there's music and artists on the verge of making it big. With the energy it radiates, you can't help feeling things are possible. So, Nashville was a fitting, vibrant stage for our biggest and best Annual Conference.
Nashville is an incredible town, and we had an incredible turnout – over 1,500 professionals from across our industry.
Performance in the multifamily market remained healthy in the first half of 2018, and is expected to continue throughout the second half of 2018 and into 2019, but with continued moderation from the prior few years.
Our new Social Impact pilot uses our existing offerings in innovative ways to create and preserve affordable rental housing.
Market rate multifamily rents have been dramatically increasing in recent years as housing demand significantly exceeds available supply. In contrast, during the same period rent growth has been moderate for units with restricted rents, such as those funded by the Low-Income Housing Tax Credit (LIHTC) program.