Tag: Fair Housing
-
A Minnesota First: Twin Cities Suburb Requires Removal of Race-Based Deed Restrictions
Mounds View, Minnesota is making history with its new ordinance requiring home sellers to remove race-based deed restrictions before selling. Mounds View adopted its new ordinance on July 23, 2024. It’s official. Mounds View, a Minneapolis – St. Paul suburb, will now require the removal of racially restrictive covenants from deeds. Racial covenants (a.k.a. race-based…
-
Washington State’s Path to Fair Housing: The 2024 Recording Fee Increase and Covenant Homeownership Program
Beginning January 1, 2024, Washington State implemented a substantial revision to its recording fees, significantly affecting the real estate sector. This modification entailed a $100 increase in the recording fee for each document, aligning with the Covenant Homeownership Program assessment as outlined in RCW 36.22.185. This hike is applicable to a broad array of documents,…
-
KeyBank Talks Fair Housing—Putting Its Money Where Its Mouth Is
KeyBank® is putting $400,000 into NeighborWorks Western Pennsylvania. Why? To make housing accessible to Black communities — as they have been disproportionately left out of homeownership. Sure, $400,000 is a modest sum these days. But it’s part of a bigger picture. In recent years, KeyBank has contributed close to half a billion dollars to Greater…
