Rentana Knowledge Base

Fannie Mae's Targeted Affordable Housing (TAH) program plays a crucial role in ensuring access to affordable rental housing.

As a government-sponsored enterprise established during the Great Depression under the New Deal, Fannie Mae has been instrumental in enhancing the accessibility of mortgage financing. The TAH program is designed to provide flexible financing solutions for properties with rent and income restrictions, thereby supporting affordable housing preservation and development.

The ongoing efforts by Fannie Mae to promote affordable homeownership and rental options align with their mission to facilitate sustainable housing solutions.

This initiative not only benefits apartment owners but also renters who might face challenges in finding affordable housing.

For those looking to finance multifamily rental properties, the program offers attractive loan options as part of its broader mission to support the housing market.

As part of their commitment to equitable housing opportunities, Fannie Mae ensures that their TAH program caters to diverse communities, including markets most in need of affordable options.

By fostering such initiatives, they aim to enhance affordable housing availability while working towards sustainable long-term solutions that benefit both property owners and renters alike.