While purchasing a home can come with many challenges, according to a new Redfin survey, nearly 60% of recent homebuyers said purchasing a home is more stressful than dating, as mortgage rates remain at their highest level in more than two decades.
Read More »HUD Issues More Than $30M to Fight Housing Discrimination
The Department has announced more than $30 million in grants that will support fair housing education, outreach, testing, and enforcement activities.
Read More »Black, Hispanic Homebuyers Continue to Experience Discrimination During Homebuying Process
According to a new Redfin survey, discrimination drove roughly 1 in 10 Black, Hispanic, and LGBTQ+ respondents away from their previous residences. In addition, some 32% of Black and Hispanic respondents reported facing discrimination during their recent home search, while 22% of LGBTQ+ respondents reported feeling the same.
Read More »Affordability Challenges Hindering Prospective Homebuyers
Two new studies from the National Association of Realtors show that elevated home prices and limited housing supply are continuous homebuying barriers cited across different races and ethnicities, hampering home sales and affecting prospective buyers nationwide.
Read More »HUD Partners With NAREB to Address Appraisal Bias and Discrimination
New partnership will increase education, outreach, and efforts geared to tackle appraisal bias and discrimination in the housing marketplace.
Read More »Renters of Color Pay Higher Security Deposits, Application Fees
According to a new report from Zillow, renters of color are more likely to pay higher upfront costs when applying for a rental compared to white renters, while Black and Latinx renters were nearly twice as likely to submit multiple rental applications before securing a lease.
Read More »HUD Kicks off National Fair Housing Month 2023
The U.S. Department of Housing and Urban Development announced the commencement of Fair Housing Month 2023, honoring the 55th anniversary of the signing of the Fair Housing Act, as well as modern efforts to advance equity in housing and protect fair housing rights.
Read More »Fannie Mae Competition to Helps Advance Racial Equity in Housing
Fannie Mae has selected five proposals to help advance racial equity in housing through the $5 Million Innovation Challenge, designed to assist in finding solutions to remove barriers in the home renting and homebuying experience.
Read More »HUD Issues Grants to Combat Housing Discrimination
HUD earmarks grants in excess of $20 million to support fair housing testing, education, and enforcement activities.
Read More »The Week Ahead: Fair Housing and Federal Policy
In the coming week, the Urban Institute will present the latest in its conversation series, taking aim at the measures the Biden Administration will take to create housing equality for all.
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