Access to fair mortgage products is crucial to many families’ ability to become homeowners. Mortgage access depends on assessments of the risk that a borrower will default, which typically are made through traditional credit scores and other financial information from lending institutions.
A coalition of philanthropic and nonprofit partners are piloting a new initiative in select neighborhoods in Los Angeles that is intended to stabilize small landlords whose tenants have been disproportionately impacted by the coronavirus pandemic.
In June 2021, the national housing development and advocacy nonprofit Enterprise Community Partners hosted HUD officials and local government executives from around the country in a webinar to discuss the impact of the COVID-19 pandemic on housing, the vital importance of federal resources, and plans to ensure that affordable housing is equitable.
As the coronavirus pandemic began to unfold, forcing business closures and spiking unemployment, local government leaders worried that the broad loss of income among low-wage renters would result in mass evictions and produce a surge of homelessness.
The Fair Housing Act of 1968 prohibits discrimination based on race in the sale of housing, yet African Americans still experience the effects of explicit and implicit policies that barred them from the housing market before the act’s passage as well as ongoing discrimination in some cases.
Since 2011, HUD’s Office of Policy Development and Research has published Evidence Matters, a journal aimed at policymakers, researchers, and practitioners that focuses on the ways in which research informs housing and community development policy.
Headlining the Joint Center for Housing Studies of Harvard University’s (JCHS’) supplement to the State of the Nation’s Housing report, “Housing America’s Older Adults 2018,” is the notable fact that the majority of U.S. households — 65 million — are headed by someone who is at least 50 years old.
The U.S. Census Bureau’s Survey of Income and Program Participation
indicates that among Americans aged 15 and older, 15.2 million people had
challenges with cognitive, mental, or emotional functioning in 2010.