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  • Comment Detail

  • Date: 07/29/23
    First Name: Scott
    Last Name: Bird
    Email: scott@scottbird.com
    Organization Type: N/A
    Organization: NA

  • Comment

    To whom it may concern,

    I'm intimately familiar with the rental housing market. My father supported our family with money made from his moderately sized rental business. Later, I worked as a property manager at several apartment complexes in Indiana. After moving to my current state of Florida, I served as a property manager for the St. Petersburg Housing Authority.

    To put it bluntly, renters get the ugly end of the stick. There are three things the FHFA can do to provide meaningful, yet reasonable, relief to renters. At every multifamily property financed or securitized by Fannie Mae or Freddie Mac, the FHFA should:

    1) End discrimination based on lawful source of income (e.g., Section 8 vouchers)

    2) Increase the amount of notice required for rent increases and lease non-renewals to AT LEAST 90 days.

    3) End discrimination based on prior evictions, especially if they were served more than 2 years prior.