Freddie Mac Multifamily Impact Bonds Top $10 Billion Issued

By Stephen Nakrosis

Freddie Mac Multifamily said Thursday it has issued more than $10 billion in green, social and sustainability bonds since 2019.

Freddie Mac said it has issued $4.6 billion in green bonds that support energy- and water-efficiency improvements at housing properties.

The company has also issued $2.3 billion in social bonds to support affordable housing, and $3.4 billion in sustainability bonds that attract capital to support residents' economic mobility and generate community economic growth and sustainability, Freddie Mac Multifamily said.

The so-called impact bond offerings give investors the opportunity to support multifamily properties that address persistent housing challenges, particularly environmental and social issues, the company said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

May 05, 2022 13:35 ET (17:35 GMT)

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