December 19, 2020
In an effort to reverse the Trump administration’s legacy on weakening enforcement of fair housing laws, the National Fair Housing Alliance (NFHA) has released a detailed policy roadmap for the incoming Biden-Harris administration and the 117th Congress to ensure communities of color can bounce back in full force post-pandemic. The plan is centered around four key goals and corresponding actions to be taken on day one, in the first 100 days and during the first year in office. Click here to read more.
December 10, 2020
This week, President-elect Joe Biden chose Rep. Marcia Fudge, D-Ohio, to be the next secretary of the U.S. Department of Housing and Urban Development. Now, the housing industry is welcoming HUD’s next potential leader. Click here to read more.
Tax credits and rental assistance: How the Biden administration could reshape the country’s housing market (MarketWatch)
December 10, 2020
From the early days of the Democratic primaries to the debates between Joe Biden and Donald Trump, the 2020 presidential candidates spent a lot of time talking about housing — and that’s somewhat unusual. Read the full story here.
December 1, 2020
An Indianapolis landlord accused of soliciting sex in exchange for rent has agreed to pay $45,900 to settle a lawsuit.
Abigail Savage said the landlord, Henry Long, offered to cancel her rent payment if she had sex with him. She had been furloughed from her job in Irvington back in March because of the coronavirus, which made it more difficult for her to earn money. Read the full story here.
November 24, 2020
A Jacksonville homeowners association faces a federal civil rights lawsuit after it told a resident to take down his Black Lives Matter flag even as neighbors flew other political messages, including Blue Lives Matter flags.
Antoine Mickle bought his home by Kernan and Atlantic boulevards nearly 19 years ago. Since then, he said in a Tuesday news conference, he’s faced harassment from the association. Read more here.
November 24, 2020
The tumultuous 2020 presidential election triggered a record number of participating voters. Never before had so many people cast their preferences. And similarly, together substantiated how divided the nation is.
For Black America, the financial ravages of the year have brought deeper and more devastating circumstances to bear. Click here to read more.
November 18, 2020
The COVID-19 pandemic will continue to touch every corner of the housing market in 2021. It will keep mortgage rates low and affect who will be able to buy homes.
That’s not all. A wave of foreclosures will begin in 2021 unless lenders, nonprofits and the federal government coordinate effectively to prevent it. And housing inequality almost surely will get worse. Click here to read more.
November 17, 2020
President Donald J. Trump tweeted this past summer that “all of the people living their Suburban Lifestyle Dream … will no longer be bothered or financially hurt by having low income housing built in your neighborhood.”
But critics claim that, in boasting about a new so-called fair housing regulation, President Trump’s tweet panders to “racist fears.” Housing advocates and civil rights groups largely denounce the new rule, raising concerns that it does not fulfill the mandate of the Fair Housing Act. Click here to read more.
The racial wealth gap in real estate is growing. Here are 3 ways housing has been harder for Black Americans in 2020. (Business Insider)
November 14, 2020
The coronavirus pandemic ushered in record-low mortgage interest rates that sparked a buying frenzy and sent the US barreling toward a housing shortage.
And while it could seem like everyone is buying a house in 2020, real estate purchases have proven to be more difficult for one demographic in particular: Black Americans…
“Redfin’s policies redline communities of color and will further exacerbate the racial wealth and homeownership gaps,” the president of the NFHA, Lisa Rice, said in a statement. “We must ensure that all neighborhoods are treated fairly and have access to the full range of services provided by real estate companies.” Click here to read the full article.
November 13, 2020
In a couple months, when Joe Biden becomes President Biden, it is very likely that the Senate will be controlled by Republicans, which means not that many laws are going to get passed in the next couple of years…
MALONE: All right, last chapter, Chapter 4 – firing the unfireable bureaucrat.
GOLDSTEIN: This is a story about the Consumer Financial Protection Bureau, the CFPB, which is the government organization that’s supposed to make sure that, you know, banks don’t get too tricky with their customers.
MALONE: And to understand this chapter, we’re going to need to go back to the founding of the CFPB, not long after the financial crisis of 2008.
GOLDSTEIN: One of the people who helped design the bureau was Lisa Rice. She is now the CEO of the National Fair Housing Alliance, an advocacy group. And she told me one of the essential things they decided was this new bureau would be run by a really powerful director, who would be chosen by the president and confirmed by the Senate, and then it would be really hard to fire the director until their five-year term was up.
LISA RICE: It should be hard for the president to fire the director because you’ve got to have somebody who is shielded from those kinds of attacks and threats so that they can do their job for the American people. You’re going up against these very well-connected business interests. Read more here.