Freddie Mac - Framework Report

The framework has been substantially restructured to shift focus from Freddie Mac's Multifamily Green Bonds program to a new Single-Family Green Mortgage-Backed Securities (MBS) program. This represents a significant expansion of Freddie Mac's green bond offering into the single-family housing market, with updated alignment to the 2021 ICMA Green Bond Principles (with 2022 amendments). The document scope has broadened beyond just multifamily affordable housing to include single-family residential mortgages, reflecting a strategic decision to promote sustainability across a wider segment of the U.S. housing market.

• modified Program Scope — Framework shifted from Freddie Mac Multifamily Green Bonds to Single-Family Green Mortgage-Backed Securities (MBS) program
• modified Standards Alignment — Updated reference to ICMA Green Bond Principles from general GBP to specific June 2021 version with June 2022 Appendix 1
• modified Eligibility Criteria — Eligibility expanded from multifamily affordable and workforce rental housing to include single-family residential mortgage loans
• expanded Governance Framework — Added detailed description of Freddie Mac's role as government-sponsored enterprise, including credit risk transfer programs and conservatorship status under FHFA
• modified Document Structure — Consolidated and reorganized table of contents with 'Program Objective' section renamed and refocused as 'Program Objective and Framework Overview'