Comment Detail
Date: 10/17/22 First Name: Jose Last Name: Davila-Ciullo Organization: Youth Alliance For Housing City: N/A State: N/A Attachment: N/A Number: RIN-2590-AB21 Comment
Dear Director Thompson and FHFA team,
My name is José Davila-Ciullo and I live in Dallas, TX. 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.
My mother had her rent increased by almost $300 in late 2021. She is a teaching aid and there is no reasonable wage increase that would’ve covered this hike. We were a 4 person family living in a 1 bedroom apartment, and looking for a cheaper option would’ve meant downgrading to a studio. The invisible stress that this caused us was insurmountable, and eventually we were provided with an eviction notice, making it all the more debilitating.
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 The Youth Alliance for Housing 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,
José