April is Fair Housing Month
Every April, we celebrate the Fair Housing Act, a pivotal policy signed into law on April 11th, 1968, after extensive efforts made by President Lyndon Johnson. The act aimed to combat housing discrimination based on race, color, religion, national origin, sexual orientation - and was amended in 1988 to include disability and familial status - to promote equal opportunity in housing for all Americans.
Although we’ve come a long way in terms of equality, disparities persist in accessing housing. Data reveals an imbalance in mortgage rates and denial rates among racial and ethnic groups, highlighting ongoing challenges in achieving housing equality.
When it comes to securing a mortgage, Black and Hispanic applicants face disproportionate obstacles compared to White and Asian applicants. Mortgage applications are denied for 26% of African American applicants and 22% of Hispanic applicants. Meanwhile, 16% of Caucasian and 15% of Asian applicants are denied.
African American homebuyers also reported experiencing the most discrimination in the home buying process, with 39% saying they were directed towards or away from particular areas.
Source: www.nar.realtor/research-and-statistics/research-reports/snapshot-of-race-and-home-buying-in-america
Read more about the History of Fair Housing
OC REALTORS® Fair Housing Toolkit
As a free member benefit, Orange County REALTORS® has assembled a Marketing Toolbox of resources for you to use during Fair Housing Month to promote diversity, equality, and inclusion as well and commit to upholding fair housing laws. We encourage our members to help advocate fair housing so together we can prevent discrimination and build thriving communities.
Visit our Fair Housing Toolkit for branded social media graphics, zoom backgrounds, and Facebook Frames to use during the month of April.
NAR's Fair Housing Toolkit & Resources
Check out National Association of REALTORS® Fair Housing Month Toolkit to download their poster and get additional resources to help you commemorate Fair Housing Month.
Visit the their Fair Housing Month Webpage for additional resources, events, book recommendations, podcast and more related to Fair Housing Month.
C.A.R.'s Fair Housing Website
Check out California Association of REALTORS® Fair Housing Website for information about fair housing best practices, building inclusive businesses and organizations, and promoting more equitable communities.
Training:
At Home With Diversity (AHWD)
The course work for the At Home with Diversity® certification is designed to enable you to work successfully with and within a rapidly changing multicultural market. It will help you to learn diversity sensitivity, how it applies to U.S. fair housing laws in your business, and ways to develop professional guidelines for working with people in the increasingly multicultural real estate market.
What You Gain:
- Knowledge of the subtleties of U.S. fair housing laws
- Business etiquette for specific cultures
- An edge in expanding your business to include international clientele
- Credit towards the ABR®, CIPS, and PMN designations
Upcoming Sessions:
Fairhaven: A Fair Housing Simulation
Fairhaven is a town every REALTOR® should visit. Online, that is.
NAR launched Fairhaven, a fair housing simulation training for REALTORS® that uses the power of storytelling to help members identify, prevent, and address discriminatory practices in real estate. Inspired by real stories, this innovative online experience has agents work against the clock to sell homes in the fictional town of Fairhaven, while confronting discrimination in the homebuying process. Learners will also walk in the shoes of a homebuyer facing discrimination. The training provides customized feedback that learners can apply to daily business interactions.
This innovative training platform is available to all 1.4 million NAR members at no additional cost. Be an advocate for fair housing and the future of our industry. Commit to combating discrimination in real estate.
Get started exploring the fictional town of Fairhaven and assess how well you are adhering to fair housing principles.