Scott Turner announced that the U.S. Department of Housing and Urban Development (HUD) is ending diversity, equity, and inclusion (DEI) related regulations to alleviate red tape. This change aligns with President Trump's executive order and seeks to enhance homeownership access. A previously established task force, PAVE, aimed to address racial biases in home valuations but faced scrutiny. Critics questioned PAVE's methodology, arguing that valuation differences stemmed from socioeconomic factors rather than racial bias. The future of PAVE remains uncertain, with its website becoming inactive after changes in leadership.
Scott Turner stated that the order complies with President Trump's executive directive aimed at ending regulations related to diversity, equity, and inclusion (DEI). By doing this, we are freeing professionals from a tangle of red tape that drove up costs and inhibited access to homeownership, he said. Under Trump's leadership, the Biden-era's focus on DEI is over, restoring common sense and making the American Dream of homeownership attainable again.
PAVE launched in 2021 as an interagency task force to address racial and ethnic bias in home valuations, especially in neighborhoods of color. The group found significant discrepancies in appraisal values between Black and white neighborhoods due to systematic racial biases. However, some industry critics challenged its conclusions, questioning the reliability of the studies utilized.
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