What does the Federal Housing Finance Agency (FHFA) do?
The Federal Housing Finance Agency (FHFA) is an independent agency responsible for overseeing and regulating Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. The agency's primary mission is to ensure that these entities operate in a safe and sound manner, providing a reliable source of liquidity and funding for housing finance and community investment. It was established in 2008 as part of the Housing and Economic Recovery Act.
$362M
<0.1%
How much does the Federal Housing Finance Agency spend?
The Federal Housing Finance Agency accounted for <0.1% of all federal spending in FY 2024.
Share of FHFA net spending compared to the top ten highest spending agencies in FY 2024
The Federal Housing Finance Agency’s federal spending in FY 2024 was higher than in FY 2009.
Yearly federal net spending by FHFA, adjusted for inflation (2024 dollars), FYs 2009–2024
The Federal Housing Finance Agency's share of federal spending in FY 2024 was higher than in FY 2009.
Percentage of federal budget dedicated to FHFA, FYs 2009–2024
How did the Federal Housing Finance Agency spend its budget in 2024?
Federal government net spending isolated to FHFA, FY 2024
Who leads the Federal Housing Finance Agency?
FHFA is led by a director, who is appointed by the President and confirmed by the Senate for a five-year term.
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.