Helping America's Families

The US is facing an affordable housing crisis that affects millions of families nationwide. And, specifically, far too many families with very low, low- and moderate-income continue to face barriers to achieving homeownership.

Duty to Serve is a new regulation, issued by the Federal Housing Finance Agency (FHFA) and stemming from the Housing and Economic Recovery Act of 2008, implementing statutory requirements for Freddie Mac and Fannie Mae (the GSEs) to provide leadership to facilitate a secondary market for mortgages on housing for families with very low-, low-, and moderate-income in three historically underserved markets:

  • Manufactured housing
  • Affordable housing preservation
  • Rural housing

We leveraged our 45+ years of experience to create a multifaceted, multiyear Duty to Serve plan of how we'll develop and implement effective solutions to help overcome barriers in these markets. But we're not doing it alone.

We're working with the mortgage industry, lenders, housing organizations and other stakeholders to address persistent housing challenges in these markets and make financing of manufactured housing and rural housing easier for families with very low-, low- and moderate-income, and preserve the affordability of these homes over time. We're:

  • Increasing loan purchases.
  • Developing new products and enhancing existing ones.
  • Conducting ground-breaking research.
  • Expanding consumer education and community engagement.

Visit our manufactured housing, rural housing and affordable housing preservation web pages for more information on specific activities we're doing in each market and to access additional resources.