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  • Comment Detail

  • Date: 07/20/23
    First Name: Ken
    Last Name: Rosen
    Email: krosen13@me.com
    Organization Type: other
    Organization: Individual

  • Comment

    The rent is too damn high. Eviction rates are higher than they were before the pandemic. Landlords have too much power over our lives and our homes. They hike our rent, offer slow maintenance or none at all, evict us, and discriminate. This is all part of how they make money.

    The government is in business with many landlords, offering them favorable loan terms to finance their businesses and, sometimes, enabling their predatory behavior. Fannie Mae and Freddie Mac, also known as the “Government Sponsored Enterprises,” work with banks to offer $150 billion to landlords in financing every year, without any strings attached.

    Federal Housing Finance Agency, which regulates Fannie and Freddie, is now deciding whether to condition government-backed loans on a set of tenant protections. These protections could include regulations on rent hikes and evictions, housing safety requirements, bans on discrimination, and more. If enacted, they could benefit over 12.4 million rental homes across the country.

    The time to act is NOW!!! People are in need of your help. Put the people first.

    Thank you for listening.

    Ken Rosen