The U.S. Department of Housing and Urban Development (HUD) recently announced that they will terminate the Biden-era 2021 Affirmatively Furthering Fair Housing (AFFH) rule. According to their release, the move will cut costly red tape imposed on localities and returning decision-making power to local and state governments. The Biden-era AFFH rule was, in effect a “zoning tax,” which fueled an increase in the cost and a decrease in the supply of affordable housing due to restrictions on local land.
Scott Turner
“Local and state governments understand the needs of their communities much better than bureaucrats in Washington D.C. Terminating this rule restores trust in local communities and property owners, while protecting America’s suburbs and neighborhood integrity,” said HUD Secretary Scott Turner.
Thank you, Secretary Turner for applying the principle of federalism and eliminating the AFFH mandate that was so restrictive to the supply of housing. The elimination of AFFH will help to lower overall costs while increasing opportunities and returning zoning authority to states and municipalities. Said Charles Tassell, COO of National REIA.
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