# 2026-12750: FHFA Proposes New Duty-to-Serve Housing Rule

2026-12750, Enterprise Duty To Serve Underserved Markets, is a Federal Register proposed rule from Federal Housing Finance Agency published 2026-06-24, effective FHFA will accept written comments on the proposed rule on or before July 24, 2026.; PRIA reads it as touching household money (as of 2026-07-01).

- Canonical: https://policyrisk.com/federal-register/2026-12750
- As of: 2026-07-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-12750
- Title: Enterprise Duty To Serve Underserved Markets
- Type: Proposed Rule
- Agencies: Federal Housing Finance Agency
- Citation: 91 FR 37848
- Published: 2026-06-24
- Effective: FHFA will accept written comments on the proposed rule on or before July 24, 2026.
- Comments close: 2026-07-24
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: 2590-AB64
- Last updated: 2026-07-01

## In one line

FHFA Proposes New Duty-to-Serve Housing Rule

## Summary

The Federal Housing Finance Agency wants to update rules so Fannie Mae and Freddie Mac can better help families with low to moderate incomes, especially in manufactured, affordable, and rural housing. The new plan aims to make it easier for these companies to innovate and serve these communities without lots of red tape. People can send their thoughts on this proposal by July 24, 2026.

## Abstract

The Federal Housing Finance Agency (FHFA or Agency) proposes to rescind its regulation on Duty to Serve Underserved Markets and replace it with a new rule. If adopted as proposed, the new rule would enable the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to better serve the needs of very low-, low-, and moderate-income families in the manufactured housing, affordable housing preservation, and rural housing markets through greater innovation and with less administrative burden.

## Effects PRIA read

- Enterprises May Use Any 'Eligible Action': benefit, medium. FHFA proposes to remove the rule's prescribed lists of Activities and would allow Fannie Mae and Freddie Mac to take any “eligible action” that is consistent with the statutory Duty to Serve and not listed as ineligible. The change is aimed at letting the Enterprises innovate and focus on high-impa…
- Median-Income Rule Revised for Poorer Areas: benefit, medium. FHFA proposes to revise how it calculates median income so that families in areas with concentrations of low-income residents (including rural and Indian areas) are more likely to qualify as very low-, low-, or moderate-income for Duty to Serve credit. The proposal cites that some loans (for exampl…
- Easier Rules for Manufactured Housing: benefit, medium. FHFA proposes to update the test for affordability of manufactured housing communities and to remove unduly burdensome rules that affect chattel (personal property) loans for manufactured homes. The proposal notes borrowers seeking personal property loans currently face much higher denial rates (65…
- More Financing Tools to Preserve Affordable Rentals: benefit, medium. FHFA proposes to remove limits on certain eligible loan purchases (including subordinate multifamily liens) and to expand Low-Income Housing Tax Credit (LIHTC) equity investments eligibility from rural areas to all underserved markets. The preamble notes over half a million LIHTC properties are set…

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## Sources
- [2026-12750 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/24/2026-12750/enterprise-duty-to-serve-underserved-markets)
- [2026-12750 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-24/pdf/2026-12750.pdf)

## Related
- [Previous: 2026-12749, Safety Standard for Lithium-Ion Batteries Used in Micromobility Products and El…](https://policyrisk.com/federal-register/2026-12749)
- [Next: 2026-12767, Establishing the Digital Opportunity Data Collection; Modernizing the FCC Form…](https://policyrisk.com/federal-register/2026-12767)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-12750 (as of 2026-07-01).