This is one of many reasons that Rishel Consulting Group has expanded our consultancy to include Fair Housing. We have focused on captive and related finance operations for years and only recently expanded into a couple of other solutions for smaller operators and thought that was enough.
When some of our finance clients began to get hit with regulatory actions and lawsuits they asked us to step in and help them with this ever growing compliance burden. We reluctantly began to explore it about a year ago, and made a decision to commit when one of our retainer clients was hit with a $250,000.00 judgement from a single incident.
Given the guidance letters that came out last year on several topics, Fair Housing has become very dangerous for community owners and, as Kurt wrote, there are groups coming from everywhere so it is not just HUD. Not for profits, local government, state government and others are all out to get landlords of every stripe.