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Steps to increase Fair Housing Act compliance slated

Steps to increase Fair Housing Act compliance slated

The Departments of Treasury, Justice, and Housing and Urban Development announced steps to ensure that low-income housing tax credit projects are in compliance with the Fair Housing Act.

"The low-income housing tax credit has led to the creation of more than one million units of affordable housing for low-income Americans," said Treasury Secretary Lawrence H. Summers. "This agreement will help to ensure that discrimination is not a barrier to affordable housing for any American."

"Housing discrimination should not pay," said HUD Secretary Andrew Cuomo. "This agreement preserves an important source of low-income housing while ensuring that ...

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