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PROTECT YOUR VALUE: President Trump Says No More To Low Income People Ruining Your Home Value
Posted
July 29, 2020
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2:35Now PlayingPresident Trump told suburban voters in a tweet on Wednesday they will “no longer be bothered or financially hurt” by having low-income housing in their neighborhood after his administration revoked an Obama-era housing rule.
he Affirmatively Furthering Fair Housing, or the AFFH rule, was designed to eliminate racial disparities in housing by telling jurisdictions that receive housing funds they must assess patterns of housing discrimination and come up with a plan to diminish them.
“I am happy to inform all of the people living their Suburban Lifestyle Dream that you will no longer be bothered or financially hurt by having low income housing built in your neighborhood," Trump tweeted Wednesday. “Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!”
The Department of Housing and Urban Development (HUD) rescinded the 2015 rule last week as Secretary Ben Carson said the rule was “unworkable and ultimately a waste of time for localities to comply with.”
It will be replaced by a new rule that reduces the burden of local jurisdictions to prove that they are actively taking steps to address historical patterns of racial segregation in order to qualify for HUD financing.
"Washington has no business dictating what is best to meet your local community’s unique needs,” Carson said.
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