djd09
Elite Member
- Joined
- May 20, 2009
- Professional Status
- Licensed Appraiser
- State
- Ohio
HUD terminates Biden-era DEI deal that ‘forced racial preferencing’ in home appraisal industry
The Department of Housing and Urban Development (HUD) notified the leading authority in US property appraisals on Monday that it no longer needs to abide by a potentially unlawful Biden-era deal that “forced racial preferencing” on the industry — the latest move by the Trump administration to stamp out diversity, equity and inclusion (DEI) initiatives.
Under former President Joe Biden, HUD used disparate impact theory — the idea that a neutral policy has a disproportionately negative effect on underrepresented minorities — to impose race-based policies on the Appraisal Foundation, a nonprofit entity authorized by Congress to set qualifications for property appraisers.
“Property appraisals are an integral component of helping Americans realize the dream of homeownership,” HUD Secretary Scott Turner said in a statement. “But the Biden Administration weaponized the Fair Housing Act to inject DEI into the appraisal industry, focusing on illegal race preferences rather than ensuring every American has equal access to quality, affordable housing.
“Today, HUD is ending the politicalization of property appraisals to restore fairness and equality to civil rights enforcement and housing.”
https://nypost.com/2026/01/19/us-ne...cial-preferencing-in-home-appraisal-industry/
wait until they find out about all the appraisal waiver fraud...
