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Trump Scraps Fair Housing Rule

August 3, 2020

Trump and the Department of Housing and Urban Development, led by Ben Carson, last week officially scrapped a rule meant to ensure compliance with the Fair Housing Act of 1968. Enshrined in 2015, the Affirmatively Furthering Fair Housing policy held communities accountable for providing fair housing by requiring any town that wanted to receive HUD […]

Filed Under: CVAR Connect, Government Affairs, Industry News Tagged With: #CVAReducation, AFFH, Ben Carson, cvarconnect, fair housing, HUD, Trump, Vince Malta

New FHA Loans: Some See Risks, Others Revival

August 26, 2019

The Trump administration is vastly expanding the scope of condominium purchases eligible for lower-down-payment loans. The move, announced Aug. 14 by the Federal Housing Administration, could help revive the entry-level condo market for first-time buyers because FHA-backed loans require only a 3.5% down payment and lower credit score than conventional loans. It also loosens financial-crisis-era […]

Filed Under: At A Glance, Government Affairs Tagged With: Ben Carson, condo loan, condominum, Department of Housing and Urban Development, FHA, First-time buyer, Trump Administration, Wall Street Journal

Where Presidential Candidates Stand on Housing

August 12, 2019

The affordable housing crisis is squeezing the middle class and the poor alike. The Trump administration has targeted rental-assistance and public housing programs for cuts, which some Democrats are saying put low-income Americans at risk of eviction, making housing policy a major issue in the 2020 election. Curbed is following where the candidates stand on […]

Filed Under: At A Glance, Government Affairs Tagged With: affordable housing, Amy Klobuchar, Ben Carson, Cory Booker, Curbed, Democratic candidates, Elizabeth Warren, housing issues, HUD, Julian Castro, Kamala Harris, presidential candidates, senators, Wall Street Journal

Carson Named Affordable Housing Council Chair

July 1, 2019

President Donald Trump has signed an Executive Order establishing the White House Council on Eliminating Barriers to Affordable Housing, and named HUD Secretary Ben Carson as its chairperson. According to HUD, the new Council will be composed of members from eight Federal agencies, intended to engage with State, local, and tribal leaders across the country […]

Filed Under: At A Glance Tagged With: affordable housing, Ben Carson, DS News, Executive Order, HUD, Trump

FHA Promises Condo Flexibility

June 10, 2019

Federal Housing Administration Commissioner Brian Montgomery recently told attendees at the National Association of REALTORS® meetings in Washington D.C. that the agency is working to revise its condominium approval rules and expects a final rule to be announced soon. Montgomery called condos a “mainstay of affordable housing” for seniors and first-time buyers. Among the proposed […]

Filed Under: At A Glance Tagged With: affordable housing, Ben Carson, Brian Montgomery, condo, FHA, First-time buyer, HUD standards, N.A..R., Washington D.C.

Plan to Weaken Housing Discrimination Regulations

January 28, 2019

There have been several attempts to rollback fair housing regulations since Ben Carson took over as secretary of the Department of Housing and Urban Development in January 2017, and a recent Justice Department memo signals a renewed push to undermine a key legal tool used to sue landlords, insurance companies, and lenders for practices that […]

Filed Under: At A Glance, Government Affairs Tagged With: Administrative Procedures Act, Ben Carson, Curbed, cvar.net, cvarconnect, Department of Justice, disparate impact, Fair Housing Act, HUD, Obama, Trump, Washington Post

HUD Seeks to Scale Back Housing Rule

August 20, 2018

The U.S. Department of Housing and Urban Development is taking steps to scale back a fair housing rule that had sought to combat housing segregation. HUD Secretary Ben Carson says the 2015 rule is standing in the way of efforts to add more affordable housing. The Affirmatively Furthering Fair Housing rule required cities and towns to […]

Filed Under: At A Glance Tagged With: affordability, Ben Carson, fair housing, HUD, segregation

Senate HUD Choice Good for R.E.

September 25, 2017

The Senate confirmed the nomination of Pam Patenaude as deputy secretary of the Department of Housing and Urban Development, a choice the National Association of REALTORS® and other real estate groups say will be good for homeownership. Patenaude previously served at HUD as its deputy secretary for field policy and management from 2001 to 2007, […]

Filed Under: At A Glance, Government Affairs, Industry News, National News Tagged With: Ben Carson, Department of Housing, deputy secretary, HUD, NAR, Pam Patenaude, Senate, William E. Brown

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