Fair Housing News – August 2022

On July 27, 2022, the Department of Justice, the Consumer Financial Protection Bureau, and the Attorneys General of Pennsylvania, New Jersey, and Delaware announced a resolution after a years-long investigation into redlining practices by Trident Bank. Under the consent order Trident has agreed to invest over $20 million to increase credit opportunities in neighborhoods of color in the Philadelphia metropolitan area. HECP collaborated with the Pennsylvania Attorney General’s office to conduct testing to support their investigations in Philadelphia.