Fannie Mae 2003 Annual Report Download - page 21

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19
FANNIE MAE 2003 ANNUAL REPORT
Because of Fannie Mae’s Mission.
“The mission of the Enterprise Foundation is to help make affordable housing
available for millions of Americans. There’s a huge lack of affordable housing — on the
order of over five million households with very low income levels alone. Add moderate-
and middle-income people and it’s not difficult to see the enormous strain.
in 1987, together we have provided over a
billion dollars in affordable rental housing
to help reach those households with very
low income levels.
It’s a wonderful achievement — a real
public/private partnership that has evolved
over time, served the neediest in our country,
and done in a way that everyone can be proud
of. I think together, we’re just beginning.”
That’s why our partnership with Fannie Mae
is so valuable. Fannie Mae goes way beyond
the minimum requirements of what they
have to do by saying this is a critical part of
their mission and outreach — looking for
every possible way and every possible partner
to solve this issue of affordable housing in
the country today. That is something special.
It starts with Fannie Mae’s leadership and
with their mission.
Fannie Mae is flexible, creative, and most
of all, has the willingness and commitment.
Since our first partnership with Fannie Mae