FHFA Engages with Freddie Mac and Native CDFIs to Enhance Rural and Indigenous Housing Partnerships
The Federal Housing Finance Agency (FHFA) is actively engaging with Freddie Mac and Community Development Financial Institutions (CDFIs) to foster new housing partnerships across Indian Country and rural areas. This initiative was a key highlight at Freddie Mac’s Rural Housing Symposium, where Leda DeRosa, Senior Associate Director for Affordable Housing & Community Investment at the FHFA, connected with tribal housing professionals. The discussions focused on actionable strategies to unlock housing opportunities, particularly through rural and Native CDFIs. These institutions play a crucial role in bridging gaps in traditional financial infrastructure by converting local needs into viable housing investments, encompassing credit building, predevelopment, and mortgage financing. A significant development mentioned was the unveiling of NativeNest by Lakota Funds and the South Dakota Native Homeownership Coalition, a property sales database designed to improve appraisal quality and underwriting confidence fo...
