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Multiple agencies are looking into its purchase of certain credits tied to low-income housing developments, the bank said in a securities filing Friday.
August 3 -
Lawmakers approved a measure to increase the program's funding by nearly $3 billion over four years.
March 26 -
The FHFA is allowing Fannie Mae and Freddie Mac to invest in the credits for the first time since they entered conservatorship. Its purpose is to promote affordable housing in underserved markets.
November 16 -
The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.
November 9