April is Fair Housing month, and this year marks 55 years since the Fair Housing Act was signed. We take a look at recent updates to the rule.

Enterprise's Ahmad Abu-Khalaf summarizes the key hurdles BIPOC housing developers face in accessing capital - and solutions for creating a more equitable future for developers.

Earlier this year, the Biden-Harris administration announced a set of actions intended to address racial bias in the home appraisal process. The announcement followed a two-year effort led by the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), an inaugural task force comprised of 13 federal agencies and offices directed to evaluate the causes, extent, and consequences of appraisal bias, as well as establish recommendations to eliminate racial and ethnic bias from the home valuation process. The task force found that the legacies of past racist housing policies, along with industry practices that reinforce negative perceptions of neighborhoods with high concentrations of Black, Indigenous, and other people of color contributed to the under-valuation of homes in majority-BIPOC neighborhoods and the loss of billions of dollars in wealth for their owners.

While the world watches and calls for swift and immediate action to address climate change, environmental justice proponents warn that not all policies are created equal, and that some may serve to exacerbate existing inequities, including by race and ethnicity. While many homeowners can invest in efficiency upgrades, electric technologies, and renewable energy generation, renters—particularly low-income and BIPOC renters—rarely have the same options. A careful approach to decarbonization must be considered to avoid exacerbating the nation’s affordable housing crisis.

As Enterprise’s vice president and market leader for New York, Baaba Halm says she never forgets the people she advocated for each day in her first job at Covenant House, even as she now focuses on broad policy changes that aim to create more affordable homes for millions of New Yorkers.