A fair-housing advocacy group Wednesday accused U.S. Bank of failing to adequately maintain foreclosed properties in metro Denver’s minority neighborhoods.
The National Fair Housing Alliance added Denver and three other cities to its pending complaint with the U.S. Department of Housing and Urban Development that alleges improper foreclosure maintenance in 41 cities nationwide.
The group has filed similar complaints against other banks, including Wells Fargo and Bank of America. The complaints state that the banks and their servicers conduct good maintenance on foreclosed homes in predominantly white neighborhoods but fall short in minority areas by allowing homes to deteriorate, accumulate trash and become overgrown with weeds.
Last year, Wells Fargo settled a similar complaint over how it maintained foreclosures, agreeing to invest $39 million in 45 communities, including Denver, to improve housing in minority neighborhoods hit hard by foreclosures.