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Housing

September 25, 2024

Andrea Beaty

Blog Post Corporate CrackdownFTCHousing

FTC’s Crackdown On Invitation Homes Highlights Corporate Landlords’ Exploitation Of Tenants

Yesterday, the Federal Trade Commission took enforcement action against Invitation Homes, the country’s largest single-family home landlord. It’s an action that not only identifies corporate malfeasance as a key source of the sky-high rent prices tenants are facing, but one that also sends a warning shot to other corporate landlords to quit using such practices – with the potential larger impact of lowering rental prices.

June 24, 2024

Timi Iwayemi

Press Release Climate and EnvironmentDepartment of TransportationEducationEthics in GovernmentExecutive BranchFEMAFinancial RegulationHousingImmigrationLaborProject 2025Revolving Door

RELEASE: New Memos Detail The Trump Administration’s Troubling Stewardship of the Federal Executive Branch

The memos, which cover a broad range of themes, including disaster and emergency management, labor, housing, transportation, financial regulation and more, highlight the myriad ways the former president and his cast of conflicted appointees prioritized corporate interests while jeopardizing the health, safety and wellbeing of the American people.

June 04, 2024

Andrea Beaty Vishal Shankar

Press Release

Corporate CrackdownDepartment of JusticeHousing

RELEASE: Justice’s Raid of Cortland Management Hopefully Foretells an Energized Crackdown on Price-Fixing

The DOJ’s raid on Cortland is an encouraging sign that the Biden administration is taking the threat of price-fixing in the rental market seriously. While President Biden’s housing platform is focused on the ever-important housing supply issue, increasing supply alone will not decrease rents when large swaths of the market are colluding instead of competing. Biden must call out corporations like RealPage and Cortland and their senior executives by name for their apparent rent-gouging and leaving American families in desperate straits.

May 24, 2024

Andrea Beaty

Blog Post Housing

 Real Estate Industry Attacks LIHTC Rent Cap Win

On April 1, the Biden administration announced that it would move to cap rent hikes in Low Income Housing Tax Credit (LIHTC) properties to 10%. The new regulations from the Department of Housing and Urban Development (HUD) are a historic step that will protect millions of tenants in LIHTC properties across the country from egregious rent hikes. Unsurprisingly, the real estate industry is none too pleased about this major new pro-tenant policy.