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Watch: Trump Announces $4.3B Fannie Mae, Freddie Mac Housing Initiative In Kansas

The initiative aims to expand local financing access and assist an estimated 15,000 homebuyers across the state.

President Donald Trump announced that government-backed mortgage giants Fannie Mae and Freddie Mac will invest $4.3 billion in Kansas home loans.

The initiative aims to expand local financing access and assist an estimated 15,000 homebuyers across the state.

Watch this video.

Transcript:

Trump: “Today, I’m also announcing that Fannie Mae and Freddie Mac will be investing $4.3 billion in Kansas mortgages next year to help 15,000 Kansas homebuyers achieve their American dream. And I want to thank the chairman of Fannie Mae and Freddie Mac. Bill Pulte is doing a fantastic job. Thank you, Bill. He’s doing a great job, so we got a lot of money coming to Kansas.”

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