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The Week Ahead: Home Valuations and Racial Disparities in Housing

HUD BuildingOn Thursday, July 29, the U.S. Department of Housing and Urban Development’s Office of Policy Development and Research (PD&R) will host the virtual event, “Advancing Equity in the Home Valuation Process [1],” from 1:00 p.m.-3:00 p.m. CDT.

The virtual event will focus on how racial bias in the home valuation process contributes to racial wealth disparities in the U.S. HUD Secretary Marcia L. Fudge will discuss President Biden's recent charge to HUD to lead the interagency task force on appraisals, an initiative HUD now calls PAVE–Property Assessment Valuation Equity.

A panel of experts will reflect on home appraisal bias and systematic devaluation of homes in minority neighborhoods, delving into topics including the potential for automated valuation models to help identify appraisal bias.

Featured speakers will include:

Click here [1] for more information on this event.

Here's what else is happening in The Week Ahead: