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  • Comment Detail

  • Date: 07/25/23
    First Name: Carolyn
    Last Name: R
    Email: booh904@gmail.com
    Organization Type: N/A
    Organization: YAH

  • Comment

    My name is Carolyn and I am a tenant living in New York City. I am a member of the Homes Guarantee Campaign.

    I live with my mom in Manhattan. We were forced to move to the apartment we live in now due to rent hikes. After living here for 1 year, our landlord hiked our rent by 47%. We are now moving again.

    The rent is too 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,
    Carolyn