NFHTA Forum | Strategies for Investigating Discriminatory Residential Appraisals
September 15, 2021 | 2:00 PM - 4:00 PM EDT
Join the National Fair Housing Training Academy (NFHTA) and the National Fair Housing Alliance (NFHA) in a conversation focusing on strategies for investigating discriminatory residential appraisals.
The Biden-Harris Administration is taking new steps to help narrow the racial wealth gap and reinvest in communities that have been left behind by failed policies. On June 1, 2021, President Biden charged Secretary of Housing and Urban Development Marcia Fudge to lead "...a first-of-its-kind interagency initiative to address inequity in home appraisals." Discrimination in real property appraisals has been linked for more than 85 years to systemic devaluation of homes owned by people of color and homes in communities of color, especially for Black homeowners. Inflated discriminatory appraisals were key also in the ability of unscrupulous mortgage lenders to target homeowners with predatory loans, often resulting in foreclosure and economic decline of neighborhoods. Today, homeownership is the principal source of wealth for most American households and properly setting a home's value is integral to household wealth creation. Appraisal discrimination has undermined the ability of homeowners of color to accumulate wealth and to create accrued generational wealth.
This forum will provide FHIP and FHAP practitioners with understanding of the fundamentals of the appraisal process, comprehensive strategies and approaches to conduct appraisal bias investigations, and explore discriminatory impact and treatment theory in appraisal investigations. The forum panelists will engage in a robust discussion on how a discriminatory appraisal may violate fair housing laws; recap key cases alleging appraisal discrimination; and provide strategies and tools that fair housing practitioners and attorneys can utilize to thoroughly, timely and comprehensively investigate complex appraisal cases.
Forum participants will:
- Provide a comprehensive overview of the legal standards for appraisal discrimination cases.
- Identify intentional and unintentional appraisal discrimination that occurs in the purchase, refinance, or sale of a home.
- Build FHIP and FHAP investigators' capacity in investigating appraisal cases.
- Review existing conciliations and settlements.
This forum is targeted to Fair Housing Initiatives Program (FHIP) organizations, Fair Housing Assistance Program (FHAP) agencies, legal services providers, and other interested fair housing partners.
Moderator and Panelist Bios
Louisiana Fair Housing Action Center
Dane Law LLC
President and CEO
National Fair Housing Alliance (NFHA)
About the Forums
Forums are online conversations designed to allow multi-directional interactions between HUD and its FHIP and FHAP partners around emerging fair housing issues regarding processing complaints, conducting investigations, and managing agencies. Topics will evolve based on partner needs and interests.
Disclaimer: The National Fair Housing Forum webinar series provides training by and to HUD partners, including entities and persons participating in HUD's FHAP Program and FHIP Program. The series offers multidirectional idea sharing in real-time. The views offered by speakers and participants do not necessarily reflect HUD's views. Similarly, unless otherwise noted, documents provided as part of the webinar were created and maintained by other public and private organizations and may not reflect HUD's official position. HUD-produced guidance documents, except when based on statutory or regulatory authority or law, do not have the force and effect of law and are not meant to bind the public in any way. Such guidance documents are intended only to provide clarity to the public regarding existing requirements under the law or HUD policies. The information is not intended to provide legal advice to any individual or entity. Please refer to relevant laws and regulations and/or your own legal advisor before taking any action based on information appearing on this site or any site to which it may be linked. Some materials have been translated into languages other than English; slight variations may have resulted from the translation.
Tags: Fair Housing NFHTA