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2021Fair Housing: Restoring HUD Rules and Revenues Nearly $9 billion boost in discretionary funds to support CDBG, homelessness

According to a 2020 report from the Urban Institute, Black households have the lowest median FICO score among all racial and ethnic groups and the greatest share of households with no credit score at all.

LOS ANGELES SENTINEL – “When you look at our residential and lending patterns, we are a century behind where we need to be…The bias in our markets is not a bug but a feature. They were built that way and intended to operate in a discriminatory fashion. They will continue to do so until we make systemic and cultural changes,” concluded Rice.

The post 2021Fair Housing: Restoring HUD Rules and Revenues Nearly $9 billion boost in discretionary funds to support CDBG, homelessness first appeared on BlackPressUSA.

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