Le Lézard
Classified in: Business
Subjects: ECO, STP, AVO

HUD's repeal of fair housing rule reverses decades of progress


LOS ANGELES, July 29, 2020 /PRNewswire/ -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement regarding the Dept. of Housing and Urban Development's (HUD) announcement to end the 2015 Affirmatively Furthering Fair Housing (AFFH) rule that will roll back provisions in the Fair Housing Act that encourage diversification and "foster inclusive communities."

"C.A.R. is reiterating and standing by its previous request for HUD to rescind its final rule on Affirmatively Furthering Fair Housing, which now opens the door for communities to increase segregation and deprive homeownership opportunities for many Americans," said C.A.R. President Jeanne Radsick. "We have spent many years trying to right decades of government-induced segregation and redlining; this rule would undo the last half-century of progress."

"Now is the time for HUD to work with the real estate community and fair housing advocates to draft a rule that will achieve greater homeownership opportunities for communities of color and fulfill the mission and spirit of the Fair Housing Act," said Radsick.

Leading the way...® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with more than 200,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

SOURCE CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)


These press releases may also interest you

at 15:00
Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office. Based on total sales volume for the year, this accolade was earned by The Heather Sakers Team for achieving...

at 15:00
General Dynamics Information Technology (GDIT), a business unit of General Dynamics , announced today that it was awarded a $922 million contract to modernize the U.S. Central Command's (CENTCOM) enterprise IT infrastructure. The new contract,...

at 14:59
Over 200 senior operations and finance leaders are expected at SuperReturn CFO/COO North America, a private equity operations event for C-suite leaders.  The curated agenda features keynote speakers and panelists covering the hottest topics.  The...

at 14:55
Peninsula Canada, a global leading HR and health & safety firm, committed to making a positive impact in the community, is proud to announce a partnership with SickKids Foundation, a leading charity dedicated to supporting The Hospital for Sick...

at 14:54
CCOMGROUP Co-Chairmen Manny Machado and Luis Gonzalez-Esteves announce the promotion of Sandra Pastrana, established advertising and communications professional with award-winning results, to President, effective immediately. In this role, Pastrana...

at 14:50
The Huntington National Bank and its Lift Local Business program have been nationally recognized by the Consumer Bankers Association (CBA) with the 2024 Joe Belew Award. The award honors CBA member banks for their efforts to address pressing social...



News published on and distributed by: