Register Today | Strategies for Investigating Discriminatory Residential Appraisals - September 15, 2021
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 an understanding of:
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.
- The fundamentals of the appraisal process.
- Comprehensive strategies and approaches to conduct appraisal bias investigations.
- The discriminatory impact and treatment theory in appraisal investigations.