"We look forward to providing our lenders and borrowers with competitive pricing, certainty of execution, and efficiency under our delegated underwriting model so they can readily use this product." "Affordability continues to be a significant challenge for multifamily renters as rent increases have outpaced income growth," said Michele Evans, Executive Vice President and Head of Multifamily, Fannie Mae. "Fannie Mae is addressing the need for workforce housing by providing innovative, attractive programs that create and preserve affordable multifamily units while enabling socially responsible investment opportunities for investors. The Sponsor-Dedicated Workforce product is our latest solution that supports a more equitable housing market and enables our partners to do well by doing good." Fannie Mae remains a reliable source of liquidity to support the multifamily market. The company provided $69 billion in multifamily debt financing in 2022.