In May 2023, the Federal Housing Finance Agency (FHFA) will issue a Request for Input (RFI) on multifamily tenant protections. Previously, FHFA announced in the White House Blueprint for a Renters Bill of Rights that the Agency would conduct a public stakeholder engagement process to identify tangible solutions for addressing the challenges renters are facing nationwide, particularly among underserved communities. The Agency has committed to a transparent process that includes broad participation from diverse voices. Additionally, FHFA instructed Fannie Mae and Freddie Mac (the Enterprises) to explore the feasibility of expanding multifamily tenant protections for properties they finance and to identify strategies and activities that could facilitate a greater amount of affordable rental housing supply.
To receive details about the Agency’s upcoming RFI and its work to address the concerns of tenants and other stakeholders in the multifamily housing market, please sign up here.