NAR Responds to FHFA's RFI on Social Bonds

Issue Date: May 05, 2023

On May 5 NAR wrote to the Federal Housing Finance Agency (FHFA) regarding the agency's request for input (RFI) on social bonds.
While supportive of their effort, NAR pointed to several problems. In the RFI, NAR notes that:
  • This structure has several flaws that could undermine a lower cost benefit for mission duties,
  • It creates a data sharing issue that could undermine privacy, and
  • There is a better means of achieving this goal.