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Healthy Housing Rewards (Healthy Design)
Term Sheet | 07.20.2022

Provides lower pricing to finance affordable properties with health-promoting design and operational features. Health-promoting design and operational features include playgrounds, fitness equipment, tobacco-free environments, green spaces, and more

Fannie Mae_Healthy Housing Rewards (Healthy Design).pdf
Healthy Housing Rewards (Enhanced Resident Services)
Term Sheet | 07.20.2022

Provides lower pricing to finance affordable properties with enhanced resident services that improve the health and stability of their residents. Enhanced Resident Services include health and wellness services, work and financial capability support, and more.

Fannie Mae_Healthy Housing Rewards (Enhanced Resident Services).pdf
ARM 7-6
Term Sheet | 07.06.2022

Offers a 7-year variable-rate financing option with an embedded cap and an option to convert to fixed-rate.

Fannie Mae_ARM 7-6.pdf
Flexible Choice Bridge
Term Sheet | 07.06.2022

Three variable rate financing options for Multifamily Affordable Properties: the ARM 7/6™ Loan, the Structured ARM (SARM) Loan, and the ARM 5/5 Loan, each of which offers a fixed rate conversion feature.

Fannie Mae_Flexible Choice Bridge.pdf
MBS as Tax-Exempt Bond Collateral - Fixed Rate
Term Sheet | 07.06.2022

Can be used as collateral to credit enhance either existing fixed-rate bond refundings or new fixed-rate bond issues in conjunction with 4% Low-Income Housing Tax Credits (LIHTC).

Fannie Mae_MAH MTEB Fixed Rate.pdf
Unfunded Forward Commitment 9% LIHTC
Term Sheet | 07.06.2022

Offers an unfunded forward commitment to issue an MBS upon completion of construction and conversion to a permanent mortgage loan for multifamily affordable properties.

Fannie Mae_MAH Unfunded Forward Commitment 9 LIHTC.pdf
Streamlined Rate Lock
Term Sheet | 07.06.2022

Manage interest rate risk, while keeping flexibility and speed to rate lock in mind. SRL is available on all fixed-rate loans for the acquisition or refinance of multifamily properties.

Fannie Mae_Streamlined Rate Lock.pdf
Affordable Housing Preservation
Term Sheet | 07.06.2022

Offering long-term financing or refinancing solutions for stabilized rental properties with rent and income restrictions.

Fannie Mae_Affordable Housing.pdf
Credit Facility
Term Sheet | 07.06.2022

Flexible financing tool that allows borrowers to manage debt across their entire multifamily portfolio.

Fannie Mae_Credit Facility.pdf
Green Rewards
Term Sheet | 07.06.2022

Provides lower pricing, additional loan proceeds, and a free High Performance Building Report (energy and water audit) to finance smarter, greener property improvements.

Fannie Mae_Green Rewards_6.22.pdf
Tax-Exempt Bond Credit Enhancement
Term Sheet | 07.06.2022

Credit enhancement for tax-exempt bonds issued to finance the acquisition, new construction, refinancing, or moderate to substantial rehabilitation of multifamily properties.

Fannie Mae_MAH TEB Credit Enhancement.pdf
Near Stabilized Execution
Term Sheet | 07.06.2022

Permanent mortgage loan financing for newly constructed or recently renovated conventional and affordable multifamily apartment communities expected to achieve stabilized occupancy within 120 days.

Fannie Mae_Near Stabilization Execution.pdf
Structured ARM
Term Sheet | 07.06.2022

Long term financing with a very competitive variable interest rate that is convertible to a fixed-rate for the acquisition or refinance of multifamily properties.

Fannie Mae_Structured ARM.pdf
Fannie Mae ARM 5-5
Term Sheet | 07.06.2022

Variable-rate financing option with an embedded cap and an option to extend for an additional 5-year term or convert to fixed-rate.

Fannie Mae_ARM 5-5.pdf
Fixed Rate
Term Sheet | 07.06.2022

Fannie Mae Multifamily provides flexible fixed-rate options for the acquisition or refinance of multifamily properties.

Fannie Mae_Fixed Rate.pdf
Credit Enhancement of Variable-Rate Tax-Exempt Bonds
Term Sheet | 07.06.2022

y provides credit enhancement for variable-rate tax-exempt bonds issued to finance the acquisition, new construction, refinancing, or moderate to substantial rehabilitation of multifamily properties

Fannie Mae_MAH Credit Enhancement of Variable Rate TEB.pdf
Unfunded Forward Commitment 4% LIHTC
Term Sheet | 07.06.2022

Offers an unfunded forward commitment to issue an MBS upon completion of construction and conversion to a permanent mortgage loan for multifamily affordable properties. The MBS as Collateral for Tax-exempt Bonds (M.TEB) execution is an available option for 4% LIHTC transactions.

Fannie Mae_MAH Unfunded Forward Commitment 4 LIHTC.pdf
Reduced Occupancy Affordable Rehab (ROAR) Execution
Term Sheet | 07.06.2022

Permanent mortgage loan financing for Multifamily Affordable Housing (MAH) Properties in need of renovations, eliminating the need for a construction loan.

Fannie Mae_Reduced Occupancy Affordable Rehab Execution.pdf
Sponsor-Dedicated Workforce (SDW)
Term Sheet |

Sponsor-Dedicated Workforce (SDW) Housing provides better pricing and more flexible underwriting to incentivize the creation and preservation of units that are affordable.

Fannie Mae_Sponsor Dedicated Workforce_10.23.pdf
Sponsor-Initiated Affordability (SIA)
Term Sheet |

Fannie Mae Multifamily offers Sponsor-Initiated Affordability (SIA), a product initiative that provides better pricing and underwriting flexibility to incentivize the voluntary creation or preservation of units.

Fannie Mae_Sponsor Initiated Affordability_10.23.pdf