FHFA: Notice of Proposed Rulemaking on Fair Lending Oversight Issued
Today, the Federal Housing Finance Agency (FHFA) announced that it is seeking comment on a proposed rule that would formalize many of the Agency’s existing practices and programs regarding fair housing and fair lending oversight of its regulated entities. Specifically, the proposed rule would codify in regulation: FHFA’s fair lending oversight requirements for Fannie Mae…
FHFA: Appraisal Subcommittee Hearing on Appraisal Bias Scheduled for May 19th
This will be the second public hearing on appraisal bias held by the ASC The Federal Housing Finance Agency (FHFA) will host the Appraisal Subcommittee (ASC) on Friday, May 19, 2023, for its second public hearing on appraisal bias in coordination with ASC member agencies. The intent of this hearing is to explore the current…
HUD: Public Comment Period Extended by Two Weeks for the Affirmatively Furthering Fair Housing Proposed Rule
The U.S. Department of Housing and Urban Development (HUD) is announcing that it will extend the public comment date for its Affirmatively Furthering Fair Housing proposed rule by 14 days, to April 24, 2023. To do this, HUD has submitted a notice to the Federal Register, which can be found here. HUD published its Notice of Proposed…
HUD: National Fair Housing Month 2023 and the 55th Anniversary of the Fair Housing Act Commemorated
Today, the U.S. Department of Housing and Urban Development (HUD) kicked off Fair Housing Month 2023, commemorating 55 years since the Fair Housing Act was signed into law. This year’s Fair Housing Month theme, Choices for All Voices: Building an Equitable Future, underscores the Biden-Harris Administration’s commitment to advancing equity in housing, combating discrimination in housing,…
HUD: Assistance Announced for Mississippi in Wake of Tornadoes
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster relief for the state of Mississippi to assist state, tribal, and local recovery efforts for areas affected by severe storms, straight-line winds, and tornadoes beginning March 24 to March 25, 2023. On March 26, 2023, President Biden issued a major disaster…
HUD: Additional $3.4 Million in American Rescue Plan Funds Available for the Fair Housing Initiatives Program
Agencies can apply to grants opportunities to fight housing discrimination related to the COVID-19 Pandemic until May 11, 2023; Resources build on COVID-19 related loss mitigation efforts that kept nearly 2 million people in their homes during the COVID-19 National Emergency The U.S. Department of Housing and Urban Development (HUD) announced today that it is…
HUD: $54 Million Awarded to 182 Grantees in 42 States to Fight Housing Discrimination
Ahead of anniversary of PAVE Action Plan, some grants empower organizations to test for appraisal bias and educate local communities The U.S. Department of Housing and Urban Development (HUD) today awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will provide $28,200,000 to support the…
HUD: “Discriminatory Effects” Rule Restored
Department to rescind 2020 Fair Housing Act rule and restore 2013 policy to eradicate discriminatory practices from housing market Today, the U.S. Department of Housing and Urban Development (HUD) announced that it has submitted to the Federal Register for publication a Final Rule entitled Restoring HUD’s Discriminatory Effects Standard. The Final Rule rescinds the Department’s 2020…
HUD: Fiscal Year 2024 Budget in Brief Released
Proposed budget would significantly invest in building affordable housing, expanding access to homeownership, redressing housing discrimination, enhancing household mobility, and ending homelessness Today, the U.S. Department of Housing and Urban Development (HUD) released details about its fiscal year 2024 budget request. Find the HUD FY24 budget at hud.gov/budget. On Thursday, March 9, the Biden-Harris Administration released the…
HUD: New “Affirmatively Furthering Fair Housing” Rule Proposed to Root Out Longstanding Inequities in Housing and Foster Inclusive Communities
Rule expands upon HUD’s previous policy, implementing opportunities for transparency and accountability while bolstering economic equity for American families The U.S. Department of Housing and Urban Development (HUD) will imminently publish a Notice of Proposed Rulemaking in the Federal Register to fulfill the promise of the 1968 Fair Housing Act. The proposed rule aims to remedy the…