/PRNewswire/ Fannie Mae (OTCQB: FNMA) priced a $640 million Social Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae.
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WASHINGTON, Jan. 25, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) priced a $315 million Social Multifamily DUS
® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on January 21, 2021. FNA 2021-M1S is the first Fannie Mae Social GeMS issuance.
The issuance aligns with Fannie Mae s Sustainable Bond Framework, which governs Fannie Mae s commitment to adhering to international standards in its issuance of green, social, and sustainable bonds. In 2020, Fannie Mae received a second party opinion on its Sustainable Bond Framework from independent third-party Sustainalytics.
The framework builds on Fannie Mae s 32-year history of supporting multifamily affordable housing, 10-year history of multifamily green financing, and its expansion into single-family green MBS issuance in 2020. Last year, Fannie Mae s Multifamily business provided $7.8 billion in financing for rent-restricted properties and properties