Housing News: 4th Week of February
February 28, 2025HUD and Census Bureau Report New Residential Sales in January 2025
March 4, 2025This post was originally published by the Department of Housing and Urban Development.
WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Scott Turner joined ‘Kudlow’ to discuss the termination of the Obama-Biden Era Affirmatively Furthering Fair Housing (AFFH) rule, and how this action will restore the American dream of homeownership.
Tearing Down the Affirmatively Furthering Fair Housing Rule:
“…This in essence is a zoning tax. Washington bureaucrats should not tell localities how to run their neighborhoods. Neighborhoods local leaders they know exactly what they need. We’re going to restore local freedom, flexibility and power you know to the states and cities where it should be.”
Restoring the American Dream of Homeownership:
“…Burdensome regulations in our country are one of the biggest factors in the home affordability crisis. Here at HUD, we are laser focused on regulatory reform and restoring the control back to the localities. These rules and others like this decrease the supply and increase the cost. We’re returning control back to the states, so that more people in America can achieve the American dream…you can count on us to fight for that every day for the American people.”
“We have to save our suburbs…this is 75 pages of bureaucratic red tape and really it was just crippling people from having the suburban American dream. We’re taking it down today so that we can restore our suburbs.”
“…Washington cannot pick winners and losers, and that’s exactly what AFFH did…Now the American family, the next generation of homeowners, they’re going to start picking where they want to live, where they want to raise their families, what schools they want to put their children in, what parks they want to go to. We’re really excited about taking this rule down and restoring freedom and flexibility back to our American people.”