A federal court this week blocked implementation of HUD's ICBA-supported final rule amending its interpretation of the Fair Housing Act’s "disparate impact" standard.
Court blocks ICBA-backed 'disparate impact
October 28, 2020 / By ICBA
A federal court this week blocked implementation of HUD's ICBA-supported final rule amending its interpretation of the Fair Housing Act’s "disparate impact" standard.
A federal court this week blocked implementation of HUD's ICBA-supported final rule amending its interpretation of the Fair Housing Act’s "disparate impact" standard.
As reported by Politico, the U.S. District Court for the District of Massachusetts issued the preliminary injunction on Sunday, a day before the rule was scheduled to take effect. The legal challenge will have to be resolved for the rule to be implemented.
The HUD rule is designed to conform to the U.S. Supreme Court's 2015 ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project that disparate-impact cases must demonstrate a causal connection between practices and alleged discriminatory impact.
In an October 2019 comment letter, ICBA expressed strong support for the update for its consistency with the Supreme Court decision and the certainty it provides lenders.
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.
Join the Community Example Text
