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Impact of Fannie & Freddie |
 Fannie Mae and Freddie Mac's charitable investments create significant and positive impacts all over Greater Washington. They enrich the quality of life for all in the region and provide a lifeline to our most vulnerable neighbors.
· On Sept 11, the Nonprofit Roundtable and Washington Grantmakers' released a joint statement and letter in the Washington Post that stating no one else could pick up slack in these investments or make up the difference for the region's nonprofits and the people they serve.
· Since Sept 22, a coalition of public, private and civic leaders has worked to bring attention to this critical issue.
· On Oct. 22, a letter co-authored by the Washington region's congressional delegation to the Conservator overseeing Fannie Mae and Freddie mac recognized this important charitable relationship.
Below are some news articles about Fannie and Freddie's charitable investments around our region.
Nov 21 UPDATE:
· Hard Times At Nonprofits, The Gazette, Nov 21
· Congressmen Fight For Freddie Philanthropy, Arlington Connection, Nov 13
· Fannie Mae, Freddie Mac Fallout, Washington Business Journal, Nov 3
· DC Area Has Big Donation Void To Fill, NPR's Marketplace, Oct 28
· Congressional Leaders Stress Importance of Fannie, Freddie to Region's Charities, Washington Business Journal, Oct 28
· It's Hard To Be A Charity, USA Today, Oct 27
· Mortgage Giants' Fall May Hurt Nonprofits, Washington Post, Sept 14
· Editorial: Nonprofits fretting over Fannie Mae, Freddie Mac, Washington Business Journal, Sept 12
· Fannie and Freddie supported a vast network of charities, Christian Science Monitor, Sept 12
· Local Charities Worry About Fannie Mae, Freddie Mac Troubles, NBC 4, Sept 12
· Fannie/Freddie Bailout May Hurt Local Charities, Fox5, Sept 11
· See also: The Afro-American, the Alexandria Gazette Packet, The Examiner, The Gazette, The Observer, and WAMU-FM 88.5.
Contact us with thoughts or suggestions about how nonprofits can respond to any potential changes.
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