City of Miami has standing to challenge discriminatory mortgage lending policies of banks

On remand from a Supreme Court ruling that cities can be "aggrieved persons" injured by discriminatory housing practices, Bank of America Corp. v. City of Miami, 137 S.Ct. 1296 (U.S. 2017), the Eleventh Circuit held that the City of Miami had alleged sufficient injury to have standing to bring a Fair Housing Act claim against banks that steered black and Latino borrowers into unaffordable subprime loans that resulted in a wave of foreclosures that affected city finances by decreasing property values and then tax revenues. City of Miami v. Wells Fargo & Co., 2019 WL 1966943 (11th Cir. 2019). The opinion did not find that Miami had proven its claim, just that it had alleged sufficient injury to be able to bring the claim in federal court.