CBAI Urges HUD to Amend Disparate Impact Standard

On August 17, 2018, CBAI responded to an Advance Notice of Proposed Rulemaking from the Department of Housing and Urban Development (HUD) regarding disparate impact in the Fair Housing Act (Act). CBAI urged HUD to amend the Act’s disparate impact standard to meet the limitations imposed by a 2015 Supreme Court decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc. and establish a single consistent framework between the existing rule and Supreme Court decision. This alignment will eliminate the current confusion for community bankers and support their practical business decisions. Read Comment Letter.