(RECAP: The FHFA has provided more details about the changes it announced last month regarding categories that can be excluded from the GSEs’ multifamily lending cap. Typically, exclusions to the cap have included affordable housing loans, loans to small multifamily properties and loans to manufactured housing rental communities. The latest tweaks excluded several other related items. For example, the GSEs can now exclude a pro rata portion of multifamily loan amounts, based on the percentage of units in a property affordable to renters at 60% of area median income. The agency also increased the income threshold for affordability in higher cost areas to 80% of area median income and for very high cost markets it raised it to 100% of area median income.)