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HUD Awards Over $54M to Combat Housing Discrimination

The U.S. Department of Housing and Urban Development has awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program, with some grants empowering organizations to test for appraisal bias and educate local communities.

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Rental Affordability Worsened Year-Over-Year

As many Americans continue to struggle with housing costs, new report from Realtor.com revealed Miami, Los Angeles, and New York are the least affordable metros where people spend more than 30% of their salary on rent.

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Fed Raises Rates by a Quarter Point

The ninth consecutive interest rate increase signaled that the Fed is barreling forward, combating ongoing inflation amid an unstable market and economic turmoil in the aftermath of the failures of SVB and Signature Bank.

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