{"id":1994,"date":"2021-08-12T23:13:00","date_gmt":"2021-08-12T23:13:00","guid":{"rendered":"https:\/\/nationalfairhousing.org\/?p=1994"},"modified":"2021-09-04T23:15:02","modified_gmt":"2021-09-04T23:15:02","slug":"nfha-president-and-ceo-releases-statement-applauding-hud-and-fhfa-collaboration-to-advance-fair-housing-and-fair-lending-enforcement","status":"publish","type":"post","link":"https:\/\/nationalfairhousing.org\/nfha-president-and-ceo-releases-statement-applauding-hud-and-fhfa-collaboration-to-advance-fair-housing-and-fair-lending-enforcement\/","title":{"rendered":"NFHA President and CEO Releases Statement Applauding HUD and FHFA Collaboration to Advance Fair Housing and Fair Lending Enforcement"},"content":{"rendered":"\n<p class=\"content-wrap-item post__paragraph\">FOR IMMEDIATE RELEASE<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">August 12, 2021<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">Media Contact: Izzy Woodruff | 202-898-1661 |&nbsp;<a href=\"mailto:IWoodruff@nationalfairhousing.org\">IWoodruff@nationalfairhousing.org<\/a>&nbsp;<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph has-text-align-center\"><strong>NFHA President and CEO Releases Statement Applauding HUD and FHFA Collaboration to Advance Fair Housing and Fair Lending Enforcement<\/strong><\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">Washington, D.C. \u2014 Earlier today, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) entered into a first-of-its kind Memorandum of Understanding (MOU) strengthening the agencies\u2019 enforcement of the Fair Housing Act and oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. The MOU emphasizes increased information sharing and coordination between the two agencies.<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\"><strong>Lisa Rice, President and CEO of the National Fair Housing Alliance<\/strong>, released the following statement on the announcement of the MOU:<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">\u201cHousing discrimination is an ongoing evil in our country, from continued neighborhood segregation and inequitable distribution of resources to appraisal bias and unequal homeownership opportunities. I applaud the bold leadership of Secretary Marcia Fudge and Acting Director Sandra Thompson in establishing the fair housing and fair lending Memorandum of Understanding between the agencies they lead. For over 50 years, there are important components of the Fair Housing Act that have never been effectively enforced. Without full enforcement of the law, the racial wealth gap will remain stubbornly entrenched. Moreover, the racial homeownership gap and, in particular, the Black\/White gap, which is larger today than it was when the Fair Housing Act was passed, will continue to widen.&nbsp;<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">\u201cIncreased information sharing and coordination between agencies will ensure that housing discrimination can be combatted on all fronts. With HUD and FHFA working together more effectively, communities throughout the country will be more equitably served as they rent, buy, and own homes.<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">\u201cCritically important is the collaboration between HUD and FHFA in investigating discriminatory policies and practices and enforcing the law. In NFHA\u2019s list of<a href=\"https:\/\/nationalfairhousing.org\/wp-content\/uploads\/2021\/02\/NFHA-Priorities-for-Biden-Administration-and-117th-Congress-2021.02.03-1-9.pdf\">&nbsp;priorities for the Biden-Harris administration<\/a>, we called for both HUD and FHFA to increase their fair housing and fair lending oversight of the Government Sponsored Enterprises, including Fannie Mae and Freddie Mac, and set up an infrastructure for enforcing the GSEs\u2019 compliance with our nation\u2019s fair housing laws. This MOU is a huge step toward achieving this goal.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph has-text-align-center\">&nbsp;###<\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\"><strong><em>The National Fair Housing Alliance (NFHA)<\/em><\/strong><em>&nbsp;is the country\u2019s only national civil rights organization dedicated solely to eliminating all forms of housing and lending discrimination and ensuring equal opportunities for all people. Through its homeownership, credit access, tech equity, education, member services, public policy, community development, and enforcement initiatives, NFHA works to dismantle longstanding barriers to equity and build diverse, inclusive, well-resourced communities.&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FOR IMMEDIATE RELEASE August 12, 2021 Media Contact: Izzy Woodruff | 202-898-1661 |&nbsp;IWoodruff@nationalfairhousing.org&nbsp; NFHA President and CEO Releases Statement Applauding HUD and FHFA Collaboration to Advance Fair Housing and Fair Lending Enforcement Washington, D.C. \u2014 Earlier today, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) entered into a [&hellip;]<\/p>\n","protected":false},"author":433,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33,34,2],"tags":[],"class_list":["post-1994","post","type-post","status-publish","format-standard","hentry","category-news-media","category-nfha-news","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - 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