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HUD sets one-year statute of limitations on fair housing construction violations

HUD sets one-year statute of limitations on fair housing construction violations
loantrust.ai — home, refinance and investor loans from one licensed MLO
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HousingWire reports that HUD has rescinded a 2013 policy and imposed a one-year statute of limitations on Fair Housing Act design and construction violations. The change effectively caps the window for bringing claims related to accessibility standards in new multifamily and residential construction, altering the enforcement landscape that builders, developers, and property investors have operated under for more than a decade.

For investors active in new construction, multifamily, and fix-and-flip projects, this compressed timeline reshapes risk assessment and due diligence. loantrust.ai works directly in this space, originating DSCR, bridge, new construction, and multifamily financing structured around property cash flow rather than personal income documentation. Every file is packaged by one licensed MLO, not routed through a call center, which means the financing strategy can adapt as the regulatory picture shifts.

A shorter limitations period does not eliminate liability; it concentrates it. Investors financing ground-up or renovation projects now face a narrower window in which design and construction claims can surface, making upfront planning and responsive capital partners more consequential. loantrust.ai positions itself as a dedicated resource in that environment, with programs including bank-statement options for self-employed borrowers and investor products built for properties that must perform from completion through lease-up.


Source: HousingWire, “HUD sets one-year statute of limitations on fair housing construction violations”. Read the original →

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Hans Michel, Mortgage Loan Originator, NMLS #2857209 · LoanTrust is a dba of RentAssure Inc. · Licensed in Georgia · NMLSConsumerAccess.org · Equal Housing Opportunity. Nothing on this site is a commitment to lend — all loans subject to underwriting and approval. DSCR, fix & flip, bridge, new construction, multifamily, and bank-statement programs are business-purpose loans for investment properties only.

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