Calling it complicated, costly and ineffective, the Department of Housing and Urban Development (HUD) announced it will terminate a fair housing rule launched under the administration of former President Barack Obama.
The Affirmatively Furthering Fair Housing (AFFH) regulation issued in 2015 will be replaced by a new rule called Preserving Community and Neighborhood Choice.
Read on to find out HUD’s reasoning for the change, and for reaction from the National Association of Realtors.
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