HUD: 2023 Update to Equity Action Plan Released, Outlining New Commitments to Advance Equity
The U.S. Department of Housing and Urban Development (HUD) today released the 2023 Update to its Equity Action Plan, in coordination with the Biden-Harris Administration’s whole-of-government equity agenda. This Equity Action Plan is part of the Department’s efforts to implement the President’s Executive Order on “Advancing Racial Equity and Support for Underserved Communities Through the Federal Government,” which…
FFIEC: Statement Issued on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending
The Federal Financial Institutions Examination Council today issued a statement of principles related to valuation discrimination and bias for member entities to consider in their consumer compliance and safety and soundness examinations. The principles aid member entities in assessing whether their supervised institutions’ compliance and risk management practices are appropriate to identify and mitigate discrimination…
OCC: Public Appraisal Subcommittee Hearing on Appraisal Bias Scheduled for February 13th
The Office of the Comptroller of the Currency (OCC) will host a public hearing of the Appraisal Subcommittee (ASC) on appraisal bias on February 13, 2024, from 10:00 a.m. to 1:00 p.m., at its headquarters, 400 7th Street SW, Washington, D.C. Acting Comptroller of the Currency Michael J. Hsu will provide opening remarks. The subcommittee panel…
HUD: New Report Highlights Unprecedented Homeownership Achievements
HUD’s efforts to reduce barriers to homeownership prove effective. Three years in review: increasing access to homeownership, supporting home retention through the pandemic, and addressing racial bias. When the Biden-Harris Administration and Secretary Fudge took office, Americans were facing numerous challenges, including the COVID-19 pandemic, a lack of affordable housing supply, and rapidly increasing home…
HUD: Public Comment Period Extended by Nine Days for Proposed Rule to Remove Criminal Conviction Restrictions for Fair Housing Testers
The U.S. Department of Housing and Urban Development (HUD) announces that it will extend the public comment date for its Notice of Proposed Rulemaking that would remove criminal conviction restrictions for fair housing testers by 9 days, to January 11, 2024. To do this, HUD has submitted a notice to the Federal Register, which can…
HUD: Rule Proposed to Remove Criminal Conviction Restrictions for Fair Housing Testers
New rule would eliminate restrictions on those with prior felony or certain other criminal convictions in FHIP- and FHAP-Funded Testing Programs. Today, the U.S. Department of Housing and Urban Development (HUD) published a Notice of Proposed Rulemaking in the Federal Register that would eliminate the agency’s restrictions on the use of fair housing testers with prior felony…
HUD: Over $30 Million Announced to Combat Housing Discrimination Nationwide
Grants will support fair housing education, outreach, testing, and enforcement activities The U.S. Department of Housing and Urban Development (HUD) announced that it is making $30,370,597 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and…
HUD: $10.5 Million Awarded to Hispanic Serving Institutions for Housing Research Centers
Grant funding supports HUD’s commitment to diverse and equitable housing solutions, empowering underserved communities through research. Today, the U.S. Department of Housing and Urban Development (HUD) announced $10.5 million in grant awards to four Hispanic Serving Institutions (HSIs) to establish research Centers of Excellence (COEs) to conduct housing and community development research. HUD made the announcement at…
HUD: Civil Rights Protections Against Housing Discrimination on the Basis of Shared Ancestry or Ethnic Characteristics Clarified
As part of the Biden-Harris Administration’s National Strategy to Counter Antisemitism, HUD’s Office of Fair Housing and Equal Opportunity joins seven other federal agencies to issue fact sheets on Title VI protections Today, the U.S. Department of Housing and Urban Development (HUD) and seven other agencies across the federal government are for the first time clarifying in writing that…
HUD: Assistance Announced for Florida in Wake of Hurricane Idalia
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster relief for the state of Florida to assist state, tribal and local recovery efforts in the areas affected by Hurricane Idalia beginning on August 27, 2023, and continuing. President Biden issued a major disaster declaration “My thoughts are with…