Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

These Are the Best and Worst Things About New Account Bonus Offers

November 21, 2025

China Prepares New Property Stimulus Package As Housing Crisis Enters Year Six

November 21, 2025

How to Know if a Condo Is FHA Approved

November 21, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Friday, November 21
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Real Estate»Trump administration ‘effectively disbands’ the PAVE task force
Real Estate

Trump administration ‘effectively disbands’ the PAVE task force

July 10, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Secretary Scott Turner, from the U.S Department of Housing and Urban Development (HUD), and Jeffrey Clark, representing the White House Office of Management and Budget (OMB), have jointly issued an order in accordance with President Donald Trump’s executive order to eliminate regulations related to diversity, equity, and inclusion (DEI).

In a statement, Turner emphasized the importance of removing these barriers, stating, “By eliminating these burdensome obstacles, we are freeing professionals from unnecessary regulations that have increased costs, hindered access to homeownership, and discouraged market participation.”

He further added, “Under President Trump’s leadership, the focus on DEI and excessive regulation from the Biden era is no longer a priority. At HUD, we are prioritizing common sense and making the American Dream of homeownership achievable once again.”

The Partnership for Assessment of Valuation Equity (PAVE) was established in 2021 as an interagency task force aimed at addressing racial and ethnic biases in home valuations, particularly in communities of color. Former HUD Secretary Marcia Fudge and former White House advisor Susan Rice served as co-chairs of the group.

While the task force’s findings highlighted significant disparities in appraisal values between Black and white neighborhoods due to systemic racial biases, critics questioned the validity of the conclusions, citing the reliance on a study from the Brookings Institution and Zillow’s Zestimate.

A separate study from the American Enterprise Institute (AEI) concluded that valuation gaps were primarily driven by socioeconomic differences rather than racial bias.

With President Trump’s stance against DEI-related policies, the fate of PAVE came into question. The task force’s website was taken offline shortly after Trump’s second term began, leading to speculations about its discontinuation.

The current status of PAVE remains uncertain, as HUD has not responded to HousingWire’s request for comment regarding the task force’s operations.

Administration disbands effectively force PAVE task Trump
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How to Know if a Condo Is FHA Approved

November 21, 2025

Zillow finds racial gap in private home listings across Chicago metro

November 20, 2025

Will Your Home Qualify for an FHA Loan? Inspection Requirements to Know

November 20, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Arbitrum partners with Circle to integrate USDC for Orbit Chain gas fees

August 12, 20241 Views

Can You Negotiate Real Estate Commissions?

September 13, 20240 Views

SERHANT. hires top agent in Florida expansion

May 29, 20250 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Personal Finance

These Are the Best and Worst Things About New Account Bonus Offers

November 21, 20250
Economic News

China Prepares New Property Stimulus Package As Housing Crisis Enters Year Six

November 21, 20250
Real Estate

How to Know if a Condo Is FHA Approved

November 21, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.