For Immediate Release

August 04, 2020 14:58 | San Diego Realtist for Democracy in Housing (Administrator)

For Immediate Release

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS STRONGLY OPPOSES HUD REVOCATION OF 2015 FAIR HOUSING RULE

New HUD rule eliminates federal oversight of local and state fair housing policies paving the way for the re-emergence of discriminatory housing practices

Washington, DC – August 3, 2020 – The recent revocation of the Affirmatively Furthering Fair Housing Rule (AFFH) by the U.S. Department of Housing and Urban Development (HUD) represents the sanctioned return of segregated housing according to the National Association of Real Estate Brokers (NAREB), the country’s oldest minority real estate trade association. 


NAREB president, Donnell Williams stated that, “HUD’s  action sets fair housing policy back more than 50 years and stands to undo decades of progress to achieve Democracy in Housing.” In 2015, the Obama Administration issued the AFFH rule requiring HUD grant recipients, (states and localities) to examine fair housing policies on the basis of race. The rule further required that the states and localities address any measurable bias. The intent of the AFFH rule was to take a proactive role in enforcing fair housing policy under the Fair Housing Act of 1968.    


The new rule entitled, “Preserving Community and Neighborhood Choice,” allows states and localities to have final say whether their policies are “furthering fair housing.” and will have very little guidance, or even incentive to ensure that fair housing policies are indeed protecting the rights and interests of Black and other Americans who have been, or may be discriminated against in the future. 


“The new replacement rule represents yet another setback In the struggle to close the racial wealth gap and thwart the growth of Black homeownership,” Williams stated. For decades, local governments had racial covenants that prevented Black Americans from buying properties in certain neighborhoods. These racially discriminatory efforts were augmented by redlining of Black neighborhoods by various federal agencies and lenders. 


“In spite of these obvious attempts to roll back the clock, NAREB will continue to serve as the champions of the communities we serve as well as the conscience of the real estate and mortgage lending industries,” Williams added.

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The National Association of Real Estate Brokers (NAREB) was formed in 1947 to secure the right to equal housing opportunities regardless of race, creed or color. NAREB has advocated for legislation and supported or instigated legal challenges that ensure fair housing, sustainable homeownership, and access to credit for Black Americans. At the same time, NAREB advocates for and promotes access to business opportunity for Black real estate professionals in all of the real estate disciplines. NAREB annually publishes The State of Housing in Black America report. www.nareb.com

Media Contact:

Joanne William

Email: jlwilliams@barrington-associates.com

Phone: 202-364-0024


Jill Harrison

Email: jill.forte@nareb.com

Phone: 770-896-8723

#NAREB | #REALTIST | #NAREBADVOCACY2020

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