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Mobile Home Rent Control to be Decided by Huntington Beach Voters
by Jonathan WinslowOrange County Register
July 28th, 2014
Voters in Huntington Beach will decide whether or not to discuss rent control for mobile home parks.
New Requirements Target Long-Term Occupancy Motels in Costa Mesa
by Lauren SteussyOrange County Register
July 28th, 2014
Costa Mesa's City Council has voted to impose restrictions on long-term occupancy motels, even though these provide the only low-income housing in the community, and the City has no definite plans to provide replacement housing.
Eviction Fears Trigger Increase in Calls to Legal Advice Line
by Allison BrayIrish Independent
July 28th, 2014
Irish tenants fear eviction, as they have few rights and landlords are increasing rents. Many tenants are facing eviction as a result of bank foreclosure actions against their landlords.
Central City SRO Collaborative Battles More Than Bedbugs
by Mike KepkaSan Francisco Chronicle
July 27th, 2014
San Francisco's Central City SRO Collaborative helps tenants to enforce habitability laws in singe-room occupancy hotels.
Yuba City Tenants Sue Landlord over 'Substandard Conditions'
by Harold KruggerAppeal-Democrat
July 26th, 2014
California Rural Legal Assistance is filing suit on behalf of tenants at a Yuba City apartment complex. The suit claims that the landlord has failed to correct serious building problems and used illegal tactics against the tenants.
Father Slams Brighton and Hove City Council over Bedbug Infestation
by Adrian ImmsThe Argus
July 26th, 2014
A UK tenant in social housing has complained that the local housing council has known about a bedbug infestation for years, and has failed to address the problem.
Lawmakers Vow to End 'Poor Door' Policy at Luxury Buildings
by Amber Jamieson and Yoav GonenNew York Post
July 26th, 2014
NYC lawmakers are seeking to end the 'poor door' policy, which allows developers to provide separate--and lesser--entrances to tenants who live in the properties as a result of inclusionary zoning. Developers are allowed additional luxury units in exchange for the low-income units.
Sudden Departure of East Palo Alto's New Rent-Control Boss Mystifies Officials
by Bonnie EslingerSan Jose Mercury News
July 25th, 2014
East Palo Alto officials are mystified by the departure of the City's new rent-control director, less than two weeks after he was hired.
Attorney General Goes After Ex-Cop Accused of Harassing Tenants in Rent-Stabilized Apartments
by Greg B. SmithNew York Daily News
July 25th, 2014
A former policeman in New York City is being investigated for helping a socially-prominent landlord to harass rent-stabilized tenants, and force them from their homes.
Eviction Attempts Rampant on Manhattan's Upper West Side
by Catherine YangEpoch Times
July 25th, 2014
Rent-stabilized tenants in Manhattan are facing threats and intimidation, as landlord try to force them to move from their units.
Justice Department Obtains $80,000 Settlement in Housing Discrimination Lawsuit against California Landlord
Imperial Valley News
July 25th, 2014
A Fremont landlord will pay $80,000 to settle a discrimination complaint alleging that the landlord discriminated against families with children.
San Francisco Landlords Sue to Stop 'Oppressive' Renter Relocation Payments
by Eric YoungSan Francisco Business Times
July 24th, 2014
The San Francisco Apartment Association and the Coalition for Better Housing are suing to stop legislation that increased relocation payments for tenants evicted as a result of the Ellis Act.
Slumlord Millionaires: Wall Street's New Scheme to Profit Off Poor People
by David DayenNew Republic
July 24th, 2014
Wall Street landlords are raising rents, charging inappropriate fees and shirking their responsibilities to maintain their properties.
Blackstone Said to Prepare $700 Million Sale of Home Debt
by Heather Perlberg and John GittelsohnBloomberg
July 24th, 2014
Several private equity groups are packaging the foreclosed homes they purchased and converted to rentals as bonds secured by the properties and their rental income.
Landlords Challenge S.F.'s New Law on Evictions
by Bob EgelkoSan Francisco Chronicle
July 24th, 2014
Landlords are suing to stop a San Francisco ordinance that requires that tenants who are evicted through the Ellis Act be compensated by their landlords.
Bill De Blasio Seeks to End New York's 'Poor Doors'
by Lucy WestcottNewsweek
July 23rd, 2014
New York City's Mayor De Blasio wants to eliminate 'poor doors' from housing developments there. 'Poor doors' were permitted under a rule change enacted during the Bloomberg administration.
A 30-Year-Old Law is Creating a Crisis in San Francisco
by Joey CoscoBusiness Insider
July 22nd, 2014
The Ellis Act is reducing the supply of affordable housing in San Francisco.
Tenants Report Plumbing Problems, Leaky Roofs and Absent Landlords in Rentals Owned by Wall Street
by Alan PykeThink Progress
July 22nd, 2014
A report by Homes for All details the problems with Wall Street investor-owned rentals in Southern California
Tenant Harassment Complaints Up in Santa Monica
by Daniel LariosSanta Monica Lookout
July 21st, 2014
Tenant complaints of harassment against landlords have nearly doubled since 1995.
Here's What It's Like When Wall Street is Your Landlord
by Ben HallmanHuffington Post
July 21st, 2014
A new report details problems with the hedge-fund owned rental properties in Southern California.
NYC Gives the Green Light to the Building of Apartments with a 'Poor Door' for Tenants Living in Affordable Housing
by Kirk MaltaisDaily Mail
July 20th, 2014
A developer in New York City has been allowed to establish a separate alley entrance for tenants in the building's affordable units. NYC allowed the developer additional market rate units in exchange for constructing the affordable housing.
Sequester a 'Tight Squeeze' for Section 8 Housing Residents
by Matthew TaubBrooklyn Eagle
July 18th, 2014
Section 8 tenants in New York City face higher rents or smaller quarters, as the federal budget sequester forces cuts in subsidized housing.
Bay Area Rents Soar, Despite Increase in Supply
by Katherine PenderSan Francisco Chronicle
July 16th, 2014
Increasing the housing supply has not caused rents to fall in the Bay Area. Indeed they continue to rise.
Freddie Mac Predicts Multifamily Home Shortage by 2023
by Mike WheatleyRealty Biz News
July 16th, 2014
Freddie Mac predicts that there will be a rental housing shortage by 2023, and that there will not be sufficient new construction to meet the need.
Google Lawyer Turned Landlord Inflames City's Tech Clash
by Karen Gullo and Dan LevyBusiness Week
July 16th, 2014
Google lawyer Jack Halprin is evicting the rent-controlled tenants in his Mission District property.
East Palo Alto Residents Ask Council to Oust Manager
by Bonnie EslingerSan Jose Mercury News
July 15th, 2014
East Palo Alto residents asked the City Council there to find a new City Manager, charging that the present City Manager lacks a commitment to the City's rent law and local control of public safety, the two issues that led to residents forming the City 33 years ago.
Bay Area Apartment Rents Continue Relentless Rise on Tight Supply
by Pete CarySan Jose Mercury News
July 15th, 2014
Rents have increased substantially over the last three years, forcing many workers to endure long commutes from outlying communities.
East Palo Alto to Seek New City Manager
by Sue DremannPalo Alto Online
July 15th, 2014
East Palo Alto's City Council has decided to replace Magda Gonzalez as City Manager there. Tenants Together argued that she was too close to East Palo Alto's major landlord, and she advocated contracting out the City's police services.
WeHo Announces 2014-2015 Rent Adjustment of 1.25 Percent
WeHoville
July 14th, 2014
Landlords of rent-controlled units in West Hollywood may increase rents 1.25 percent this year.
Tenant Group Calls for EPA City Manager's Ouster
by Sue DremannPalo Alto Online
July 11th, 2014
Tenants Together is calling for the ouster of the City Manager in East Palo Alto, and has documented her bias in favor of that city's largest private landlord.
American Homes CEO Sees More Takeovers Amid Consolidation
by John GittelsohnBusiness Week
July 11th, 2014
Large investor groups are likely to take over the rental houses of smaller investor groups, as the industry consolidates.
Council Approves Three Housing Measures for November Ballot
by Jonathan FriedmanSanta Monica Lookout
July 11th, 2014
Three measures on the ballot in Santa Monica will address housing issues. One would allow rent board fees to rise, and another would increase the real estate transfer fee. The third, an advisory vote, would use money from the real estate transfer fee to fund affordable housing.
Housing Activists Take Aim at Cow Hollow Company over Eviction of Long Time Elderly Tenant
by Jessica KwongSan Francisco Examiner
July 11th, 2014
Housing activists in San Francisco are protesting the Ellis Act eviction of a long-term tenant there.
Tenant Group Says East Palo Alto's City Manager Cozies Up to Big Landlord
by Bonnie EslingerSan Jose Mercury News
July 11th, 2014
Tenants Together is asking that East Palo Alto's City Manager's contract not be renewed, as she has worked against enforcement of the City's rent control law.
Bed Bugs Invade Fresno Apartment Building
by Erika CervantesKMPH News
July 10th, 2014
Tenants in a Fresno apartment building are struggling with a bedbug infestation. The landlord has fumigated, but that has been ineffective.
A Face Behind San Francisco's Gentrification Problem
by Austin MeyerPeninsula Press
July 10th, 2014
A tenant who has lived in his apartment for 37 years is facing eviction under the Ellis Act.
Protesters Defend San Francisco Woman, 98, from Eviction
RT
July 10th, 2014
Tenant groups in San Francisco are protesting the eviction of a 98-year-old woman. The landlord is UGI, which has emptied several San Francisco properties using the Ellis Act.
Linkage Fees Proposed to Double
by Roger ShowleyU-T San Diego
July 9th, 2014
A proposed "compromise" on commercial development fees would produce fewer than 100 units of affordable housing in San Diego, where some 46,000 households lack affordable housing. Housing activists there oppose the proposal.
As New York Landlords Push for Buyouts, Tenants Stand their Ground
by Mireya NavarroNew York Times
July 9th, 2014
Rent-stabilized tenants in New York City are often resistant accepting a buyout, as the money isn't sufficient to pay rent for more than a short period of time.
'Just Cause' Eviction Legislation Becomes Law in Rhode Island
NBC News Rhode Island
July 9th, 2014
Rhode Island has passed legislation to protect tenants in foreclosed properties from eviction without just cause.
6 Candidates Compete for Berkeley's Dominant Rent Board Slate
by Nico CorreiaBerkeley Daily Planet
July 8th, 2014
Berkeley tenants will meet this weekend to choose the slate of candidates for election to the Berkeley Rent Stabilization Board.
Renters Could Pay Less, Landlords More
by David Mark SimpsonSanta Monica Daily Press
July 8th, 2014
The Santa Monica City Council will decide whether or not to place an initiative on the ballot that would increase registration fees for rent-controlled units, and require that landlords pay half of the fee.
San Francisco to Provide Right to Counsel for Tenants Facing Eviction
by David Campos and Jeff AdachiSan Francisco Bay Guardian
July 8th, 2014
San Francisco has allocated $1 million to provide lawyers for tenants facing eviction in the City. Tenants without legal representation often lose their cases and the eviction makes it difficult to obtain new housing.
Goldman Sachs is my Landlord
by Carmen Perez-Lanzac and Elisa SilioEl Pais
July 4th, 2014
Spain's government is requiring that local authorities sell off public housing there, and the investment groups purchasing them are taking action to maximize their profits.
The Law on Renting Needs Changing: It's Far Too Easy for Landlords to Evict
by Patrick CollinsonGuardian U.K.
July 4th, 2014
Revenge evictions have become much more frequent in Britain, as landlords evict tenants for asking for repairs. Tenants who fight these evictions lose, and face difficulty in obtaining replacement housing.
Rents Are Rising But People Aren't Making Any More Money
by Alan PykeThink Progress
July 2nd, 2014
The average monthly rent has increased by 15% since 1990, but incomes have not increased at all.
Tenant Fears about Rent Increases in Oakland Materialize
by Jean TeppermanEast Bay Express
June 30th, 2014
Real estate speculators are targeting rent-controlled properties in Oakland, and are rushing to complete "capital improvements" in advance of legislation limiting rent increases for those improvements.
Campos, Adachi and Tenant Advocates Seek Right to Legal Representation for Any Tenant Facing Eviction in San Francisco
San Francisco Bay View
June 30th, 2014
A proposal is being developed that would provide legal representation to tenants facing eviction. Many tenants cannot afford lawyers, and losing an unlawful detainer will bar tenants from most rental housing for many years.
Devastated Families Face Eviction after Britain's Richest MP Buys Housing Estate and Hikes Up Rent
by Nick SommerladDaily Mirror
June 29th, 2014
Tory MP Richard Benyon's family trust has purchased a housing estate and is planning to evict the tenants, even though some of the tenants have lived on the estate for more than 50 years. The local government will not help the tenants until they've been formally evicted.
Investors Who Bought Foreclosed Homes in Bulk Look to Sell
by Matthew GoldsteinNew York Times
June 27th, 2014
Hedge funds and other investors who bought large numbers of foreclosed homes are now selling them to other investors, either directly or through REITs.
High-Tech, Airline-Style Pricing is Pushing New York Rents to New Altitudes
by Katherine ClarkeNew York Daily News
June 27th, 2014
Real estate investor groups are using computer models to raise asking rents for their units on a daily basis.
Eviction by Declaration Bill Advances, Exposing Sacramento Double Standard on Tenants
by Dean PrestonBeyond Chron
June 26th, 2014
TT Executive Director Dean Preston reports on the progress of AB 1513 in the State Senate.
Renters Getting Priced Out of San Jose
by Leeta-Rose BallesterSan Jose Mercury News
June 25th, 2014
San Jose's weak rent control law does not provide for "just cause" eviction protection, and rent-controlled tenants can be evicted with 90-days' notice.
L.A. City Council to Vote on Bolstering Foreclosure Registry
by Tim LoganLos Angeles Times
June 25th, 2014
The Los Angeles City Council will vote on legislation that would require that banks pay a fee to register foreclosed properties. The money raised would be used to inspect bank-owned properties, which are often empty and become neighborhood nuisances.
Kim, Activists Seek SRO Elevator Fix
by Andrew SzetoBeyond Chron
June 24th, 2014
Low-income disabled and senior tenants can be trapped in their rooms when the building elevator breaks down.
Panel Backs Increase of One Percent
by Mireya NavarroNew York Times
June 23rd, 2014
New York City's Rent Board allowed a rent increase of one percent for rent-stabilized units, even though the Board's own analysis showed that previous rent increases had allowed landlords excess profits for several years.
Goldman Sachs Confirms: The Rent is Too Damn High
by Jana KasperkevicGuardian U.K.
June 23rd, 2014
Goldman Sachs expects rents to increase more than three percent in 2014.
America's Housing "Recovery": Transforming "Foreclosed Homes" into Rental Empires
by Laura GottesdienerGlobal Research
June 22nd, 2014
An investor group led by Donald Mullen, who gained fame as the leader of the Goldman Sachs team that bet against Goldman Sachs own housing securities, as well as those of other banks, is now investing in rental housing. In one of the group's properties, a child died because the landlord failed to install a fence around the pool.
New York Rent Hearings Grow Rancorous with Freeze under Consideration
by Tina SusmanLos Angeles Times
June 22nd, 2014
New York's rent-stabilized tenants are asking for a rent freeze this year.
Facing Pressure from Tenant Groups, Board is Set to Vote on Rent Freeze
by Mireya NavarroNew York Times
June 22nd, 2014
Tenants in New York City are demanding a zero percent rent increase for stabilized tenants there. Because landlord profits have increased for the last eight year, tenants argue that a rent increase is not justified.
Can a Rent Freeze Beat Back New York's Predatory Landlords
by John LightMoyers and Company
June 21st, 2014
Tenants in New York City are calling for a rent freeze to help stop speculators from buying properties there and forcing rent-stabilized tenants out.
Initiatives Aim to Build More Affordable Housing
by Coburn PalmerSF Bay
June 20th, 2014
Two initiatives seek to insure the development of more affordable housing in San Francisco.
Tenants Must Build Power in Sacramento
by Dean PrestonBeyond Chron
June 20th, 2014
TT Executive Director notes that real estate interests have outsized influence in Sacramento because of their contributions to political campaigns.
Depot Housing Project Renews Gentrification Split
by Adam ElmharekVoice of Orange County
June 20th, 2014
The Santa Ana City Council approved an affordable housing project over the objections of nearby residents.
Does Living in Affordable Housing Lower IQ?
by Laura KieselMain Street
June 19th, 2014
Researchers at Johns Hopkins found that children in families paying more than 30% of income for rent have an increased chance of cognitive difficulties. The study also found that children in families paying very low rent also suffered such difficulties because their families lived in very distressed neighborhoods.
Some Tenants Face Monthslong Waits for Rent Board Case Review
by Joshua SabatiniSan Francisco Examiner
June 19th, 2014
The increasing number of eviction attempts in San Francisco has caused a backlog for Rent Board hearings.
Eviction Rates for Black Women on Par with Incarcerations for Black Men
by Erin C. J. RobertsonThe Root
June 19th, 2014
A study found that African American women are more likely to be evicted from their homes, and that eviction destabilizes their households. The study recommends emergency rent assistance and the development of affordable housing options.
Tenants Win Argument, Lose Vote
by Andrew SzetoBeyond Chron
June 19th, 2014
Democrats in the State Assembly failed to support a bill that would protect tenants from eviction by speculators.
Assembly Democrats Put Ellis Reform on Life Support
by Randy ShawBeyond Chron
June 19th, 2014
Ellis Act reform was defeated because Assembly Democrats did not support it.
Judge Nixes Airbnb Subletter's Eviction
by Julia Marsh and Kevin FasickNew York Post
June 18th, 2014
A New York City judge has ruled that a tenant has not committed an incurable breach of the lease by renting to Airbnb guests. However, the landlord can demand that she stop doing so in the future.
Coachella Valley Housing Market Still in Transition
by Dominique FongDesert Sun
June 18th, 2014
While many regions in California have recovered from the foreclosure crisis, some inland areas are still struggling.
State Lawmakers Reject San Francisco's Bid for Ellis Act Exemption
by Doug SovernCBS (San Francisco)
June 18th, 2014
Assembly Democrats failed to support Ellis Act reform.
Ellis Act Reform Bill Stalls at State Assembly Hearing
by Kate CongerSan Francisco Examiner
June 18th, 2014
Two Democrats stopped a bill that would protect tenants in San Francisco from eviction by real estate speculators.
Assembly Committee Rejects Ellis Act Bill
by Melody GutierrezSan Francisco Chronicle
June 18th, 2014
Legislation to protect rent-contolled tenants from real estate speculators failed to pass an Assembly committee. Two Democrats voted against the reform.
Anti-Speculation Tax, Rival Housing Balance Measures Head to SF Ballot
by Andrew SzetoBeyond Chron
June 18th, 2014
Three initiatives are proposed to address San Francisco's affordable housing crisis.
Ellis Reform Bill Faces New Test
by Randy ShawBeyond Chron
June 17th, 2014
Two Democratic legislators will determine whether a bill to reform the Ellis Act will proceed in the State Assembly.
Voters Could Decide on Proposed Hike to Landlord Registration Fee
by Jonathan FriedmanSanta Monica Lookout
June 16th, 2014
The Santa Monica Rent Board has asked the City Council there to place a measure on the November ballot that would increase landlord registration fees. The Rent Board is funded entirely through the fees, a portion of which can be passed on to tenants.
Home, Food or Health Care: A Choice Many Renters Can't Afford
by Ben BergmanNPR
June 15th, 2014
Housing costs have risen above the ability to pay in all areas of the United States, but housing is particularly expensive in California. California has also slashed funds for the construction of affordable housing.
Post-Foreclosure Evictions Haunt Some Renters
by Mary Ellen PodmolikChicago Tribune
June 15th, 2014
Some tenants who were evicted after their landlords faced foreclosure have difficulty finding new housing, as an eviction shows on their credit record. Many states have laws that require that records of those tenant evictions be sealed, but often this does not happen.
Landlord Rep Shouldn't Be Involved in Hiring the Head of East Palo Alto's Rent-Control Program
by Bonnie EslingerSan Jose Mercury News
June 14th, 2014
A staffer from Equity Residential, which owns more than half of the rental units in East Palo Alto, was allowed to participate in the hiring of the rent control board's director. City Manager Magda Gonzalez said that the City Attorney saw no conflict of interest.
Tutors in the Fine Art of Eviction Under Fire in San Francisco
by Toshio MeronekTruthout
June 13th, 2014
San Francisco tenants are protesting the efforts of local eviction lawyers to teach others to evict tenants in the City.
SF Community Land Trust Stops Ellis Act Eviction
by Valerie ZekasBeyond Chron
June 13th, 2014
The San Francisco Land Trust has purchased a Mission District building to preserve the housing of 14 low-income tenants.
SF Mission District Tenants Turning Victorian Home into Co-op to Avoid Ellis Act Eviction
by Doug SovernCBS (San Francisco)
June 12th, 2014
The San Francisco Land Trust will protect the housing of 14 low-income tenants by purchasing the building in which they live.
Curtis Park Tax Credit Issue Resolved
by Ben van der MeerSacramento Business Journal
June 11th, 2014
Sacramento's City Council decided to withdraw one of the Housing Authority's request for tax credit funding, so that the Curtis Park Village project could obtain the tax credits. Curtis Park Village will have a small number of affordable units, but the project would fail without the tax credits, according to the developer.
East Palo Alto Residents Explore Westside Development
by Sue DremannPalo Alto Online
June 11th, 2014
East Palo Alto residents are looking at the options for affordable housing development there. Most of East Palo Alto's rent-controlled units are in the Westside.
What the Foreclosure Crisis Looks Like in Urban Neighborhoods with Few Single-Family Homes
by Emily BadgerWashington Post
June 11th, 2014
The foreclosure crisis in multi-unit properties may result in a permanent loss of affordable housing. The maps are reproduced only in the source publication.
Why Renters Are Ending Up in the Suburbs
by Kriston CappsCity Lab
June 10th, 2014
Renters are moving to the suburbs in search of affordable housing. There they have all of the problems, and none of the benefits, of suburban life.
Council Will Consider Task Force on Rents
by Michele EllsonThe Alamedan
June 10th, 2014
The Planning Commission in Alameda has asked the City Council to establish a task force that would look at whether or not rising rents are causing displacement there.
Foreclosures Skyrocket in Northeast, West Coast
by Trey GarrisonHousing Wire
June 10th, 2014
Foreclosures in California have increased 26% over the same period last year, the second consecutive increase here.
Blighted Homes Linger in L.A., Frustrating Neighbors
by Tim Logan and Doug Smith, with Sandra PoindexterLos Angeles Times
June 10th, 2014
Bank owners of foreclosed properties in Los Angeles are not maintaining their properties, and often do not provide contact information for city officials and neighbors with complaints about blighted properties.
At-Will Eviction Bill Moves Through CA Legislature
by Andrew SzetoBeyond Chron
June 10th, 2014
AB 1513, which would allow landlords to evict tenants without a court hearing, has been passed by the State Assembly and is now under consideration in the State Senate.
Greystar Doubles Up with Deal for Rival US Landlord Riverstone
by Kate Allen and Anjil RavalFinancial Times
June 9th, 2014
A merger of two residential rental groups will bring nearly 400,000 units under ownership of a single landlord.
Landlord in Gentrifying Silicon Valley Neighborhood Tried to Evict Tenant Over 75-Cent Debt
by Ben Mathis-LilleySlate
June 9th, 2014
Equity Residential, which owns half of the rental units in East Palo Alto, is attempting to evict a tenant over a debt of 75 cents.
Airbnb Blurs Lines Between Visitors, Tenants
by Carolyn SaidSan Francisco Chronicle
June 7th, 2014
A tenant who rented a room for almost three months may have been illegally evicted by her landlord.
Eric Garcetti Endorses Funding Mass Transit with Cap-and-Trade Revenue
by Soumya KarlamanglaLos Angeles Times
June 6th, 2014
Mayor Eric Garcetti has endorsed a plan by State Senate Democrats that would use cap-and-trade monies to fund mass transit and affordable housing.
Peak Evictions Came to San Francisco Back in the 1990s
by Kriston CappsThe Atlantic
June 4th, 2014
Landlords switched to evicting under the Ellis Act when the San Francisco Board of Supervisors tightened the "just cause" eviction rules to prevent landlords from abusing the just cause allowing for owner move-ins in the 1990s.
Eviction by 'Rent-a-Cop'
by Rebecca BurnsBeyond Chron
June 3rd, 2014
Illinois legislation would allow tenants to be evicted from their homes by private 'rent-a-cop' services, and would allow evictions during extremely cold weather.
Tax-Credit Dispute Jeopardizes Curtis Park Village
by Brian van der MeerSacramento Business Journal
June 3rd, 2014
A proposal by the Sacramento Housing and Redevelopment Agency to allocate affordable housing tax credits to a rehabilitation project is jeopardizing the development of affordable housing at Curtis Park Village.
Poll Shows Narrow Support for Affordable Housing Tax
by David Mark SimpsonSanta Monica Daily Press
June 3rd, 2014
The Santa Monica City Council will discuss placing legislation on the November ballot that would increase the real estate transfer tax to fund affordable housing. The tax itself requires only a majority vote, but allocating the monies raised to affordable housing would require that 2/3 of voters support the tax.
Los Angeles Sues Big Banks for Predatory Mortgages but Unlikely to Win
by David DayenGuardian U.K.
June 2nd, 2014
Los Angeles is suing major banks over predatory mortgages, but it unlikely to win more than small settlements. And these suits do nothing to help foreclosed homeowners.

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