Affordable housing shortages drive demand for housing finance agencies’ loans
June 13th 2019 (7.14mins)
Florence Zeman, Rachael McDonald
In this edition of Moody’s Talks Public Finance, Florence Zeman, associate managing director for the US housing team, and Rachael McDonald, vice president and senior credit officer, discuss how housing finance agencies are addressing affordable housing challenges.
Nationwide affordable housing challenges drive demand for HFA loans.
Affordable housing shortages are driving demand for US housing finance agencies' products, resulting in increased loan production. However, a lack of supply of lower-priced homes and rental units is leading HFAs to work with other public entities to provide further subsidies and down payment assistance for borrowers.