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  • Comment Detail

  • Date: 10/17/22
    First Name: Emily
    Last Name: C
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AB21

  • Comment

    Dear Director Thompson and FHFA team,

    My name is Emily and I live in Chattanooga, TN. I’m writing in response to the FHFA Multifamily Enterprise Housing Goals Proposed Rule Comment Request: ‘Community Support Requirements, (No. 2022–N–11) Multifamily Enterprise Housing Goals Proposed Rule.

    Before relocating to Chattanooga, I was a renter in Nashville for 4 years. I spent half my monthly pay on my first one-bedroom apartment, and still that wasn't enough for a safe place to live. A man was shot and killed outside of my door, yet the complex refused to enact basic safety measures like security cameras or flood lighting. Now, that same one bedroom costs $1200 -- an increase of over $400 since moving out 3 years ago.

    The rent is too damn high and I’m counting on FHFA to take every possible action to regulate rents for all properties with federally backed mortgages. If our public money is financing the business of making money on our homes, the least that you can do as a regulator is attach conditions to these resources that benefit the people. FHFA has successfully taken bold action in the past to help protect tenants during COVID-19 and to look out for residents of manufactured housing, and I am counting on FHFA to take similar action to help tenants like me during this time of intense economic hardship.

    I am a member of SURJ and a leader with the Homes Guarantee campaign. The Homes Guarantee campaign is led by over 52 tenant-led organizations from all corners of the country. We have a long term vision for a world where everyone has access to safe, sustainable and TRULY affordable housing. In the short term we are organizing to win an executive order on rent regulation from the President— see more here: https://damnhighrent.com

    Thank you for your attention to this matter. If you would like to get in touch with me, please contact Grace White, the Homes Guarantee Organizer at g.white@peoplesaction.org.
    Sincerely,
    Emily