FreddieMac.com

Duty to Serve

Through key programs designed to support America’s overlooked and underserved communities, Freddie Mac is bringing much-needed relief to areas that need it most.

Duty to Serve

Our Mission

Doing More for Affordable Housing

We're proud to lead the industry in developing innovative solutions for rural housing, manufactured housing, and affordable housing preservation that will benefit the nation for generations to come.

 

About Duty to Serve

Committed to Our Mission

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Help Where it’s Needed

Supporting
Rural Housing

Rural areas are home to about one-quarter of the nation’s population, but suffer disproportionately from substandard infrastructure, lack of affordable housing options, and higher-than-average poverty rates.

We’re working to expand affordable housing options for more households across the rural landscape.

lady sitting at the porch reading
Home Renovation

Cost-Effective Renovations

Supporting financing with CHOICE­Renovation® for renovations and repairs to help make homes affordable, safe, and tailored to the household’s evolving needs.

Couple in front of home

LIHTC Equity

Expanding our investments in the Low-Income Housing Tax Credit equity market to help create and preserve more affordable rental housing in 22 states, Puerto Rico and Guam.

  • Duty to Serve

    Since 2018, we’ve provided more than $7.6 billion to finance more than 52,000 single-family homes in rural areas– most in high-needs regions.

  • Duty to Serve

    In 2022, we substantially increased our LIHTC equity in Duty to Serve areas with approximately $190 million in investments in these communities.

mother sitting with her young child talking at the entrance of the house

Help Where it’s Needed

Supporting 
Manufactured Housing

Today’s manufactured homes are comparable in quality to site-built homes and cost up to 50 percent less per square foot, providing a meaningful affordable housing alternative for many families.

We’re developing innovative approaches to better support manufactured housing options.

a family smiling and moving in with boxes

More Affordable Financing

Expanding homeownership opportunities with financing for manufactured homes, including CHOICEHome®, which has many features of a site-built home.

Couple posing for picture near house

Resident-Owned Communities

Doing more to finance and support resident-owned manufactured housing communities across the U.S.

  • Duty to Serve

    Since 2018, we’ve provided more than $5.4 billion to finance around 40,000 single-family manufactured homes titled as real property nationwide.

  • Duty to Serve

    In 2022, we supported nearly 20,000 manufactured housing community pads with tenant protections delivered through loan purchases.

Keeping it Together

Supporting Affordable Housing Preservation

Preserving the nation’s existing affordable housing stock is critical for keeping safe, decent homes within reach for moderate- and low-income families.

We’re focusing on preserving affordable housing to foster strong, stable communities.

couple smiling and posing for a picture at the entrance of the house
House with solar panel

Energy-Efficiency Financing

Providing education and financing solutions to help preserve affordability when buying or refinancing a home.

apartment complex

Rental Housing Financing

Preserving affordable rental housing across the nation in communities like Tulsa, Oklahoma.

  • Duty to Serve

    Each homeowner with a GreenCHOICE Mortgage® or mortgage on a newly constructed home included in a 2022 Freddie Mac Single-Family Green MBS saved an estimated average of $722 in annual utility costs.

  • Duty to Serve

    In 2022, we provided $14.3 billion to support multifamily targeted affordable housing.

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