On January 19, 2026, HUD’s Office of Fair Housing and Equal Opportunity notified The Appraisal Foundation (TAF) that it is terminating, effective immediately, the 2024 conciliation agreement between HUD and TAF and will not pursue additional enforcement actions in that case. That agreement had committed TAF to a series of initiatives, including scholarship, governance, and reporting efforts related to broadening participation in the appraisal profession.
The letter reflects a change in enforcement approach under the current administration, including how HUD views the prior agreement’s provisions and the use of DEI‑related initiatives. HUD concludes that continued monitoring of the agreement is not necessary and formally ends HUD’s oversight of TAF’s implementation of those terms. However, the letter does not prevent TAF from continuing its work in these areas, and it will carry on those efforts.
At this time, nothing in the letter indicates that USPAP requirements or other core standards‑setting activities of TAF are being changed as a direct result of this action. ASA will continue to monitor federal developments affecting the appraisal profession and will advocate for ASA appraisers, and all appraisers, to ensure that qualification and practice standards remain clear, fair, and focused on competence, professionalism, and public trust.