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.
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(END) Dow Jones Newswires
May 05, 2022 13:35 ET (17:35 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.