Secretary Fudge Assembles Task Force

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In response to President Biden’s directive, Secretary Fudge, along with Domestic Policy Council (DPC) Director Susan Rice (and now Co-Chair), established the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE). The Task Force will deliver a final action report within 180 days that: (i) describes the extent, causes, and consequences of undervaluing of properties; and; (ii) finalizes and releases a roadmap of consumer facing and industry actions and policy implementation that agencies and other participants commit to take to address the undervaluing of properties.

The Task Force exists within the Department of Housing and Urban Development (HUD) and facilitates meetings with Principal Task Force Members (and their Staff Representatives).