New Legal Precedent Overturns Chevron Doctrine

On Friday, June 28, the Supreme Court of the United States issued its much-awaited ruling in Loper v. Raimondo, a case challenging the forty-year precedent of Federal agencies interpreting ambiguous statutes.

While the case itself was about fisheries self-funding their federal oversight, the new precedent establishing the Judicial Branch as the proper venue for the interpretation of ambiguous statutes will impact all sectors and industries, including housing.

Loper v. Raimondo can be downloaded in Housing Affordability Institute’s Policy Center.