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My name is Shannon and I am a concerned home owner living in Crestwood, KY, near Louisville. I am a member of the Homes Guarantee Campaign.

I work in animal rescue and have seen an uptick in people needing to rehome animals due to suddenly becoming homeless. The reason almost always has to do with exorbitant rent increasing forcing people, often single mothers and her children and pets into their cars or shelters, or even streets. Something must be done!

The rent is too damn high. The Federal Housing Finance Agency should protect tenants by limiting annual rent hikes to 1.5 times the Consumer Price Index or 3%, whichever is lower, in properties with federally backed mortgages. These limits should be applied universally as a requirement to all federally backed mortgage programs.

In addition to limits on rent hikes, the FHFA should prohibit evictions without good cause, ban source of income discrimination, enforce and expand existing protections against discrimination, require safe and accessible housing conditions, create a landlord registry, require fair and standardized leases, ensure tenants have the right to organize, and create an Office of Tenant Protections to enforce these rights in all properties with federally backed mortgages.

Sincerely,
Shannon