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Federal agency looking into claims of racial discrimination in Dallas affordable housing projects

The federal Department of Housing and Urban Development is investigating a complaint alleging that the City of Dallas’ policies and practices steer low-income housing into Black and Latino neighborhoods in violation of federal civil rights laws.

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The last year at Forest Cove: Tenants abandoned and a renovation out of reach

Residents at Forest Cove, a federally-subsidized apartment complex in southeast Atlanta, waited as their units crumbled around them with the hope of a planned renovation. Then, that fell apart too.

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Feds consider proposal to end incentives for banks that own low-income housing in high-crime neighborhoods

Feds consider proposal to end incentives for banks that own low-income housing in high-crime neighborhoods Following a WFAA-TV investigation, Dallas non-profit files petition with the government alleging policies that violate the rights of low-income minority families. Author: David Schechter, Jason Trahan, Chance Horner Published: 9:36 PM CDT June 24, 2021 Updated: 5:08 PM CDT June 28, 2021 DALLAS A Dallas nonprofit has petitioned the federal government to eliminate policies that incentivize banks to own affordable housing in areas of slum and blight and violate the civil rights of the minority community. The action follows an investigation by WFAA-TV that revealed how banks own, or have owned, at least 50 low-income housing developments in Dallas including include Bank of America, Chase, Truist and Wells Fargo.

United statesLaura besharaBryan hubbardMike danielAffordable housing tax credit coalitionCommunity reinvestmentRevenue serviceBeshara law firmDallas police departmentOffice of the comptrollerWells fargoDalla inclusive communitiesInternal revenue serviceFair housing actCommunity reinvestment actActing comptroller

Banking Below 30: Why do banks own low-income Dallas housing?

Banking Below 30: Why do banks own low-income Dallas housing?
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Banking Below 30: Why do banks own low-income Dallas housing?

Banking Below 30: Why do banks own low-income Dallas housing?
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