Goldman Sachs to Buy Fannie LIHTCs?

The Treasury Department is reportedly reviewing a proposal for Goldman Sachs to buy millions of dollars in low-income housing tax credits (LIHTCs) from Fannie Mae.

According to several news outlets Monday, the possible deal is raising scrutiny because federal officials need to make sure that it is in the best interest of taxpayers.

Goldman Sachs officials have remained mum about a potential transaction.

Fannie Mae and Freddie Mac were huge buyers of LIHTCs up to a few years ago. Freddie has also reportedly been considering a sale of its tax credit portfolio.