The affordable housing goals for Fannie Mae and Freddie Mac are increasing, as a result of the fiscal U.S. Department of Veterans Affairs-Department of Housing and Urban Development appropriations bill that President Bill Clinton signed into law in late October.

While HUD's fiscal 2000 budget made up a majority of the bill, there was language in the legislation that suggested that HUD increase the affordable-housing goals for both government-sponsored enterprises to 50% from 42% by the year 2004. The specifics of HUD's goals for Fannie Mae and Freddie Mac have not been published yet, although they are expected soon.

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