loans Archives - Help STOP Affirmatively Furthering Fair Housing (AFFH)

Home Buyers Miss Out on Low-Cost Loans

Just FYI WSJ – Credit Restrictions Cost Home Buyers ‘Deal of a Lifetime’ After prices and rates dropped, regulators and lenders made it harder for borrowers to get loans By Nick Timiraos Dec. 4, 2016 Sean Dobson wanted to start a mortgage bank four years ago to serve borrowers with middling credit or irregular income. He eventually Continue Reading

Smith Young December 5, 2016 Affordable Housing News,Just News home buyers, loans, risk 528 Comments

What? HUD Selling and Financing its Own Low Income High Density Housing!

By Smith Young, It’s a conflict of interest when on one hand HUD is effectively selling housing to a targeted group while on the other hand pushing money across the table to finance them. Looking at it that way, there’s something wrong with this picture. The above is an honest generalization based on the dirty Continue Reading

Smith Young November 19, 2015 Just News,Uncategorized FHA mortgage, Julián Castro, loans, reversemortgage, Stanley Kurtz 533 Comments

Elevator Speech

AFFH gives FREE federal grant money to the suburbs. But what they don't tell you is that by taking the money, you the suburbs will be forced to gentrify your neighborhoods with low-income racially diverse high density housing.

1) HUD is imposing requirements that go far beyond what the 1968 Fair Housing Act demands
2) Moves high density low income (rental) housing to the suburbs
3) The new rule restricts private choice, local government authority, and the evolutionary history of American residential growth patterns
4) Uses subsidies (block grants) as blackmail against 1,194 targeted U.S. localities
5) HUD grantees must consider statistical data such as education and transportation that are only remotely related to housing
6) Communities threatened with huge legal expenses from allegations by HUD and Civil Rights groups
7) HUD requires racial analysis of demographic data that should instead be colorblind (race baiting?)

Editors Note

The AFFH rule does not do anything for or against discrimination, it merely revamps the planning process of localities applying for grant monies, replacing Analysis with Assessment using the new Tool.
The AFFH rule neither replaces nor extends the 1968 Fair Housing Act
1) We are against discrimination and we do support the 1968 Fair Housing Act
2) We oppose the AFFH rule and it's anti-American implementation of the Supreme Courts decision on "disparate Impact"