Fair Housing Archives

National REIA Applauds US District Court Ruling Upholding Fourth Amendment that Protects Property Owners from Unnecessary Gov’t Harassment
Cincinnati, Ohio)  The National Real Estate Investors Association (National REIA) issued a statement today applauding the U.S. District Court’s (Southern Ohio) recent decision stating that the city of Portsmouth’s (Ohio) occupational licensing requirements, which are imposed upon landlords violates the Fourth Amendment to the United State Constitution. 
 
Charles Tassell, Chief Operating Officer of National REIA said “Today’s ruling laid bare the excuses used by local governments to steal the freedoms of property owners.”
He further added that “The 4th Amendment is still alive and well, and citizens should NOT be forced to have their homes intrusively ‘inspected’ by warrantless searches.  Every local government should take note that warrantless searches are STILL illegal and unconstitutional.”
 
Regarding the ruling itself, Tassell said “The ruling won by the 1851 Center For Constitutional Law was a victory for freedom against a tyranny with which the Founding Fathers were all too familiar.  Citizens of the United States have an expectation to live without local, state or federal inspection of their home based on flimsy excuses disguised as law.”
 
Judge Susan Dlott, of the Western Division of the Southern District of Ohio, held as follows: “[T]he Court finds that the Portsmouth [Rental Dwelling Code] violates the Fourth Amendment insofar as it authorizes warrantless administrative inspections.  It is undisputed that the [Rental Dwelling Code] affords no warrant procedure or other mechanism for precompliance review . . . the owners and/or tenants of rental properties in Portsmouth are thus faced with the choice of consenting to the warrantless inspection or facing criminal charges, a result the Supreme Court has expressly disavowed under the Fourth Amendment.”
 
For more information and to read a copy of the the Court’s ruling visit www.realestateinvestingtoday.com.

Good Saturday Morning!,

this morning, I got an email with a link to a new article on the effects of the recent U.S. Supreme Court decision involving Fair Housing.

This is a fantastic follow up from this week’s POWER LUNCH Chalk Talk webinar on Tuesday
(Free Investor Training Weekly Webinars at noon)

Here’s a short part of the article and the link is below to see the full article.


Kiss Chinatown goodbye under Obama data-mined racial quota system?

 ‘After the recent Supreme Court ruling on “disparate impact” in housing, Amy predicted that social justice activists and lawyers had been given powerful precedent to use racial and ethnic data mining against developers who did not intentionally discriminate:

When the Supreme Court handed down its ruling in Texas Department of Housing v. Inclusive Communities Project last week, social justice activists claimed a major victory in the battle against segregated housing. The decision endorsed a “disparate impact” analysis as applied to a Texas program that plaintiffs claimed distributes federal low income housing credits disproportionately, awarding too many credits to inner-city, predominately black neighborhoods and too few to suburban, predominately white neighborhoods….

Kennedy and the majority endorsed a form of social engineering just as pernicious as those that disparate impact analyses aim to correct. Instead of creating “more equality,” these methods do nothing but invent controversies for social justice groups and the courts to work out, and, as Clarence Thomas says, presume that defendants are “guilty of discrimination until proved innocent.”


Here’s the link to view the entire article
http://legalinsurrection.com/2015/07/kiss-chinatown-goodbye-under-obama-data-mined-racial-quota-system/ 

Special Thanks to Bill Rafter for sharing!

 

My CPA emailed me this morning

Obama Administration Announces Panelists and Agenda for Conference on the Future of Housing Finance

WASHINGTON – Today, the Obama Administration announced additional details about its August 17 Conference on the Future of Housing Finance, including a list of panelists and the conference agenda. This event will provide a forum for public input as the Administration continues its work developing a comprehensive housing finance reform proposal for delivery to Congress by January 2011.

“Across the spectrum, stakeholders agree that our current system of housing finance requires fundamental reform,” said Jeffrey A. Goldstein, Under Secretary of the Treasury for Domestic Finance.  “This conference is an opportunity for us to broaden our perspectives on a number of key issues in a transparent way to make certain that all of the best ideas are on the table.”

“This conference is an opportunity to engage stakeholders and experts with broad knowledge and many perspectives,” said Dr. Raphael Bostic, HUD Assistant Secretary for Policy Development and Research.  “It is part of our larger effort to make sure that we have a deep and wide understanding of these issues as we chart a thoughtful, sound path forward in reforming our housing finance system.”

During the conference, Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan will moderate panel discussions with a diverse group of experts about the critical issues surrounding housing finance reform. These panelists represent a cross-section of stakeholder groups with interests in the outcome of this reform process, including citizen advocacy groups, economists, investors, market researchers, originators, securitizers, servicers, and private mortgage insurers. The following individuals will be panelists at the August 17 conference:

 

·         Barbara J. Desoer, President of Bank of America Home Loans

·         Ingrid Gould Ellen, Professor of Urban Planning and Public Policy at New York University’s Wagner Graduate School of Public Service and Co-Director of the Furman Center for Real Estate and Urban Policy

·         Bill Gross, Co-founder and Co-chief Investment Officer of PIMCO

·         Mike Heid, Co-president of Wells Fargo Home Mortgage

·         S.A. Ibrahim, Chief Executive Officer of Radian Group Inc.

·         Marc H. Morial, President and Chief Executive Officer of the National Urban League

·         Alex Pollock, Resident Fellow at the American Enterprise Institute

·         Lewis Ranieri, Chairman of Ranieri and Company, Inc.

·         Ellen Seidman, Ellen Seidman, Executive Vice President for Mission and Strategy, at ShoreBank Corporation, and Chair of the Board of Directors at the Center for Financial Services Innovation

·         Michael A. Stegman, Director of Policy and Housing for the Program on Human and Community Development of the John D. and Catherine T. MacArthur Foundation

·         Susan Wachter, Richard B. Worley Professor of Financial Management, Professor of Real Estate, Finance and City and Regional Planning at the University of Pennsylvania’s Wharton School

·         Mark Zandi, Chief Economist of Moody’s Analytics

 

Details regarding the event, including topics for panel discussions and breakout sessions, and logistics for members of the media seeking to attend the conference, appear below.

Media Logistics:

WHAT:           Conference on the Future of Housing Finance

WHEN:          Tuesday August 17, 2010 
                        9:00 a.m. – 1:30 p.m. EDT

WHERE:        Cash Room 
U.S. Treasury Department 
1500 Pennsylvania Ave., NW 
Washington, D.C. 20220 
The event will also be streamed live on 
www.treasury.gov.

 

9:00 AM EDT  
Treasury Secretary Tim Geithner
Opening Remarks
Cash Room 
U.S. Treasury Department 
1500 Pennsylvania Ave., NW 
Washington, D.C.

Coverage: Open Press

 

 

9:15 AM EDT 
HUD Secretary Shaun Donovan
Delivers Remarks
Cash Room 
U.S. Treasury Department 
1500 Pennsylvania Ave., NW 
Washington, D.C. 
Coverage: Open Press

 

9:30 AM EDT
PANEL DISCUSSION ONE – Housing Finance Reform and Broader Financial Markets
Moderated by Treasury Secretary Tim Geithner
Cash Room 
U.S. Treasury Department 
1500 Pennsylvania Ave., NW 
Washington, D.C. 
Coverage: Open Press

 

10:30 AM EDT
PANEL DISCUSSION TWO – Housing Finance Reform and Broader Housing Policy Goals 
Moderated by HUD Secretary Shaun Donovan
Cash Room 
U.S. Treasury Department 
1500 Pennsylvania Ave., NW 
Washington, D.C. 
Coverage: Open Press

 

11:45 PM EDT 
WORKING BREAKOUT LUNCHES 
Hosted by Senior White House, HUD, and Treasury Officials 

Breakout Session Topics: 
Breakout Session One:  Key Players in a Reformed System: Role of the Private Sector and of Government
Breakout Session Two:  Delivering Access and Affordability
Breakout Session Three:  Funding Housing and the Role of Securitization
Breakout Session Four:  Aligning Private Market Incentives in the Housing Finance Chain
Breakout Session Five:  Supporting Capital for Multifamily Finance
Breakout Session Six:  Managing the Process of Transition

Coverage:  Open to correspondents only. No recording devices for broadcast purposes will be allowed. Space is extremely limited and will be allocated on a first-come, first-served basis. Interested reporters should gather at 11:35 AM at the Cash Room press riser for escort.

1:15 PM EDT 
CLOSING REMARKS

Media Notes: 
Conference panels and official remarks are all open to press; working breakout lunches are open to correspondents only. Space is limited and is first come, first serve. The event will also be streamed live on 
www.treasury.gov.

Media without Treasury press credentials planning to attend must contact Frances Anderson in Treasury’s Office of Public Affairs at (202) 622-2960 with the following information: full name, Social Security number, date of birth, and country of citizenship.  This information may also be emailed to frances.anderson@do.treas.gov.  Congressional and White House press passes will not grant you access to Treasury. Please note if you have camera equipment. The deadline to RSVP is Monday, August 16, 2010 at 12:00 PM EST.

Press with camera equipment should arrive at the Moat Entrance (south side of the Treasury building, adjacent to the Hamilton entrance) no later than 7:00 a.m. to allow time for equipment sweeps and escorts to the Cash Room. No vehicles will be permitted onto Treasury grounds; equipment must be carried in. All other media can enter the Treasury building through the Pennsylvania Avenue entrance and should allow 45 minutes to clear through security. Final access to the Cash Room will be 8:45 a.m.

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