Category New Posts

A Closer Look at Fair Housing Complaint Metrics

In the US last year, private nonprofit fair housing organizations processed 75.52% of all housing discrimination complaints. These organizations urgently require increased funding to effectively enforce fair housing laws and support affected individuals.

Local governments handled 19.26% of complaints, while the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) handled 5.10% and 0.12% respectively. Each of these entities, responsible for enforcing fair housing laws at various levels, faces mounting challenges amid the surge in grievances: https://themortgagepoint.com/2024/07/15/a-closer-look-at-fair-housing-complaint-metrics/

By Kyle G. Horst

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Today, fewer Blacks and Hispanics are homeowners in Miami-Dade and Broward counties than in 2012

Linda Neverson always wanted to buy a home. The bank portfolio manager returned to South Florida after nearly two decades of living in Washington, D.C., New York, Chicago and, most recently, Tampa. Neverson wanted to raise her 8-year-old daughter near family. The support came in handy for the new single mother who lost her husband to COVID in 2021. Neverson and her daughter moved in with relatives a year later, saved, then searched for the next place to call home. Within a year, she found it in a fixer-upper in a gated townhouse community off Interstate 75 in Miramar.

For the 48-year-old Neverson, who is Haitian-American, it’s the third residence she has owned and, according to new research, she is the exception in South Florida’s real estate market. Today, fewer Blacks and Hispanics

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