Dr. Carson must address Severe Economic Injury to Communities of Color: NFHA

The National Fair Housing Alliance strongly urges Dr. Ben Carson, in his new role as Secretary of the U.S. Department of Housing and Urban Development (HUD), to tackle immediately the many critical housing challenges that our country faces.  Many of these are a legacy of the financial and foreclosure crises which disproportionately impacted America’s communities of color. These communities have yet to recover.  Housing inequality has had a devastating effect on individuals, communities and businesses and HUD plays a pivotal role in eliminating this inequality. (more…)

FHA increase costs Long Island $3.8 Million Annually

A White House decision to suspend a planned rate cut for Federal Housing Administration (FHA) mortgages will cost Long Island homeowners $3.8 million in savings each year, a new study by the National Center for Suburban Studies (NCSS) at Hofstra University has found. (more…)

HUD charges Bank of America with Discriminatory Lending Practices

The U.S. Department of Housing and Urban Development (HUD) announced that it has charged Bank of America, N.A., and two of its employees with violating the Fair Housing Act by discriminatory lending practices against prospective Hispanic mortgage borrowers in Charleston, South Carolina.  (more…)