Based on research from MIT graduate Maya Abood and in partnership with Americans for Financial Reform (AFR) and Public Advocates we are excited to announce the release of our new report! The report, “Wall Street Landlords Turns American Dream Into American Nightmare: Wall Street’s big bet on the home rental market, and the bad surprises in store for tenants, communities, and the dream of homeownership”, documents in detail Wall Street’s growing influence, and abuses, in the single family rental (SFR) industry in geographies where it has focused its efforts.
Pass rent control and just cause eviction protections for tenants of single family homes
Advance homeownership and community control of housing by establishing a “right of first refusal” policy giving tenants first chance to purchase the home when it is being sold.
Monitor the industry extensively - tracking their growth and their performance as landlords, and any potential fair housing violations
No matter which way we look at it, 2016 was a big year that marked a turning point for our nation and for ACCE Institute. We spent the year fighting and winning major victories for California’s low wage workers, tenants, homeowners, and undocumented residents.
Reflecting on our 2016 victories and challenges gives us both hope and a renewed fire to fight hatred and divisions that we will carry into our 2017 work. We invite you to reflect with us on our 2016 victories to start building the vision for what is achievable in 2017. Read the full report!
This report shows how aggressive, and often predatory, lending is doing particular harm to the economic (and physical and emotional) well-being of women of color.
The report is the culmination of a survey and story collection project carried out by ACCE Institute and two other statewide community groups, New Jersey Communities United (NJCU) and ISAIAH in Minnesota. This project was funded by the Women’s Equality Center.
2015 was a year to both go deeper on our traditional issue fights as well take on issues we hadn’t engaged in before. The pages of this report give a snap shot of what that commitment to racial and economic justice has produced just one year after we rolled out our new framework. We are thrilled to share with you organizing efforts and wins from San Diego to Sacramento and everywhere in between. We have seen victories in the areas of tenant protections, increased worker pay and protections, community infrastructure improvements, and more. None of those wins would have been possible were it not for the unceasing drive of the community members we serve. Their brave faces are proudly displayed throughout the proceeding pages. To those community members and the thousands of others we worked with in 2015, these victories are for you.
Throughout this report you will read about exciting leadership development programs, broad coalitions, impactful policy innovations, new messaging strategies that reframe the public debate on everything from budget battles to the housing crisis to the intersection of racial and economic injustices, and community mobilizations into the streets as well as to the ballot box!