HUD Report Card: 2021 Policy Changes

In accordance to HUD, it took “bold actions” about the previous year, and it developed a a person-page listing of the updates that will have an influence on the U.S. housing market.

WASHINGTON – The U.S. Office of Housing and City Progress (HUD) states it took “bold action … to make solid, sustainable, inclusive communities and quality very affordable homes” throughout 2021, and it released a listing of what it considers its significant achievements:

Household appraisals procedure. On June 1, President Joe Biden questioned HUD Secretary Marcia Fudge to produce an interagency initiative to tackle inequity in dwelling appraisals. HUD sees it as a way to enable families of color make prosperity. Functioning in partnership with Ambassador Susan Rice and the Domestic Coverage Council, HUD developed the Property Appraisal and Valuation Equity (PAVE) Process Power. The Endeavor Force wishes to use “all levers at their disposal to root out discrimination

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