The National Association of Realtors® is disappointed that HUD has taken this step, which significantly weakens the federal government’s commitment to the goals of the Fair Housing Act.
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NAR contends that the racial wealth gap is primarily a housing wealth gap, with lower homeownership rates leaving an impact on minority communities that can last generations.
Congressman Maloney’s bill would make COVID-19 relief funds tax-exempt if used toward a home down payment.
The White House Commission on Barriers to Affordable Housing seeks to eliminate impediments to affordable housing.
The rule is intended to accelerate environmental reviews to ensure U.S. infrastructure projects are completed more efficiently and affordably.
Even before the real estate industry was confronted with the coronavirus pandemic, Realtors® had already begun to make sizable increases in their use of technology and online tools in an effort to accommodate clients and advance their businesses.
The joint initiative is designed to help consumers better understand high-performance homes that prioritize comfort, durability, wellness, and affordability.
NAR cites broad national consensus to advance efforts to eradicate racial discrimination while arguing HUD’s revisions place too heavy a burden on the ability of parties to bring legitimate initial disparate impact claims.
The residential market has seen a swift rebound of activity as numerous states have begun to ease mandatory stay-at-home orders.
The 2021 fiscal year spending measure invests in fair housing counseling and transportation infrastructure projects.