An Obama-era housing rule that was terminated by the first Trump administration and revived by the Biden administration has again been canceled. The U.S. Department of Housing and Urban Development (HUD) said the regulation has led to excessive bureaucracy and created affordability challenges.
The agency said it will terminate the Biden-era 2021 Affirmatively Furthering Fair Housing (AFFH) rule, “cutting costly red tape imposed on localities and returning decision-making power to local and state governments,” in a Feb. 26 statement.
“The Biden-era AFFH rule was, in effect, a ‘zoning tax,’ which fueled an increase in the cost and a decrease in the supply of affordable housing due to restrictions on local land,” HUD stated….