HUD Secretary Ben Carson and Facebook CEO Mark Zuckerberg (Credit: Getty Images) The Department of Housing and Urban Development charged Facebook on Thursday with violating fair housing laws. The charge is for Facebook enabling housing discrimination through its advertising platform, Politico reported. It stemmed from an investigation launched last year. Several outside investigations have found […]
New Opportunity Zone funds seek to ensure investments help distressed areas
An affordable housing project Investors are hoping to raise billions of dollars for Opportunity Zones projects across the country, but critics worry little of that money will go to the troubled neighborhoods the federal tax incentive initiative was meant to help. Now, the philanthropic Kresge Foundation is partnering with two investment firms that are launching […]
Ben Carson says HUD will give preference to developers who build affordable housing in Opportunity Zones
Ben Carson and a map of opportunity zones (Credit: Getty Images) Housing and Urban Development Secretary Ben Carson said the agency will give preference to developers and investors who build affordable housing in federal Opportunity Zones when it comes to certain grants. In an interview with The Real Deal on Tuesday, Carson said HUD will […]