Fannie Mae is a congressionally chartered, shareholder-owned company and the nation’s largest source of funds for home mortgages. It has committed to provide $1 trillion in targeted lending for 10 million homes by the end of the decade. The targeted lending will serve low- and moderate- income families, minorities, new immigrants, residents of central cities and other underserved areas, and people who have special housing needs. More information about Fannie Mae can be found at www.fanniemae.com Susan R. Sheeran - Regional President, and Aurora Ortega-Geis - Director of the San Antonio Partnership Office Fannie Mae Investment Brings Equity to Senior Housing Some of the most challenging efforts, and yet the most rewarding, are efforts that seek to house senior citizens. Las Casitas de Merced, in Somerset, Texas. aims to keep senior housing affordable. To this end, Fannie Mae invested $1,075,000 of equity to construct Las Casitas de Merced, a new 28 unit elderly housing development in South Bexar County. The project is developed by Merced Housing Inc.