FHFA Extends COVID-19 Multifamily Forbearance

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to tenant protections the agency imposed during the pandemic.

FHFA, GSEs Extend COVID-19 Multifamily Forbearance Through Sept. 30

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through September 30, subject to the continued tenant protections FHFA has imposed during the pandemic. This is the third extension of the programs, which were set to expire June 30.

Multifamily Market Musings by Sharon Walker

The multifamily market continues evolving in 2020 with plenty of interesting developments across the sources of capital that lend to multifamily property owners.