I learned when buying a condo that mixed commercial/residential buildings are hard to get loans for because Fannie/Freddie won't buy them from banks. NYC is pro

I learned when buying a condo that mixed commercial/residential buildings are hard to get loans for because Fannie/Freddie won't buy them from banks. NYC is probably its own beast, but in the rest of the US it's a problem. People claim it's due to historical racism as Blacks tended to be the ones living above commercial spaces. In my own city, historical mixed-use buildings were run as apartments by slumlords until vouchers allowed low-income people to move out. Then they were vacant, bought up, and redeveloped. And the banks funding the redevelopment loaned to home buyers (in an attempt to make their original investment pay off) and the subprime lending spree also helped many people get financing. After the credit crash, most of the new developments were as apartments. Anyhow, were this not a historical district, any new development would have probably followed single-use zoning.