FMCC - Freddie Mac Multifamily Announces More Than $20 Billion in Impact Bonds Issued Since Program Inception | Benzinga
MCLEAN, Va., April 16, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) Multifamily's Impact Bonds program has issued over $20 billion in Green, Social and Sustainability bonds since the program's creation in 2019. The announcement of the milestone comes as the company released its annual Impact Bonds Report.
Freddie Mac's Impact Bonds support multifamily properties that address persistent housing challenges, particularly environmental and social issues, and provide additional transparency to investors.
"Crossing the $20 billion threshold for Impact Bonds issued demonstrates Freddie Mac's enduring commitment to meeting our mission and tackling issues that impact renters across the nation," said Robert Koontz, senior vice president for Multifamily Capital Markets. "Despite challenging market conditions, we made a tangible impact in 2023 and expect to see steady results in 2024, thanks to the support of like-minded investors. We will continue adapting and developing innovative solutions ...