Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

AI landlord screening tool will stop scoring low-income tenants after discrimination suit

Illustration of location plackets dropped on a map.
Image: Cath Virginia / The Verge, Getty Images

SafeRent, an AI screening tool used by landlords, will no longer use AI-powered “scores” to evaluate whether someone using housing vouchers would make a good tenant. On Wednesday, US District Judge Angel Kelley issued final approval for a roughly $2.3 million settlement to prevent SafeRent from discriminating against tenants based on income and race.

The settlement stems from a 2022 class action lawsuit filed in Massachusetts. The suit alleged that SafeRent’s scoring system disproportionately harmed people using housing vouchers — specifically Black and Hispanic applicants. In addition to violating Massachusetts law, the complaint also accused SafeRent of breaking the Fair Housing Act, which prohibits housing discrimination.

As outlined…

Continue reading…

You May Also Like

Editor's Pick

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch...

Tech News

Klipsch’s Flexus Core 300 soundbar will leverage Dirac’s room correction calibration tools. | Image: Klipsch Klipsch has announced its new Flexus Core 300 soundbar,...

Editor's Pick

So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new...

Editor's Pick

Much like the southeastern portion of the U.S. frets over the potential of devastating hurricanes, stock traders and investors brace for their own financial...