Several online housing search platforms make formal commitments to the department.
President Joe Biden and Secretary of Housing and Urban Development (HUD) Marcia Fudge announced this month that three of the largest online rental platforms have formally committed to increasing transparency about rental junk fees in their listings.
Zillow, Apartments.com, and AffordableHousing.com, some of the largest rental search platforms in the country, will be adding new requirements to their websites to show renters the actual cost of a listing rather than catching users off guard with large application fees or market add-ons.
“Too often, renters are hit with unexpected fees on top of their rent,” said Secretary Fudge. “Today’s announcement shows the Biden-Harris Administration’s commitment to lower costs for renters and build a fairer, more transparent rental housing marketplace.”
As the Lord Leads, Pray with Us…
- For the president and his advisors as they address junk fees in the housing and other industries.
- For discernment for Secretary Fudge as she oversees the Department of Housing and Urban Development.
- For renters who have struggled to find housing and have experienced the added burden of extraneous fees.
Sources: Department of Housing and Urban Development
