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Freddie Mac Bond Credit Enhancement (Affordable)

Freddie Mac offers a credit enhancement program for fixed- or variable-rate multifamily housing bonds with other affordability components (without 4% tax credits). This program allows Freddie Mac to serve as a liquidity provider and credit enhancer on newly issued or refunded bonds. Whether you want to refund your current multifamily bonds or replace an existing credit enhancement, Freddie Mac delivers a full array of advantages for your financing needs. We invite you to talk to one of our Seller/Servicers through the Freddie Mac Targeted Affordable Housing (TAH) Delegated Network to learn more about our affordable housing products and offerings.

Key Benefits

  • Replacement of direct-pay letters of credit, usually without overhauling original bond documents.
  • Easy, convenient approval process for fixed-rate or variable-rate bonds.
  • AAA/Aaa ratings.