View or download a PDF of the letter here.
Today, AFR and more than 25 housing, civil rights, labor, consumer, and other advocacy groups sent a letter to the Senate urging support of the American Homeownership Act, introduced by Senator Elizabeth Warren, which would keep Wall Street investors from buying up the nation’s housing stock. Institutional investors, including private equity firms, been buying up apartments, single-family homes, and manufactured housing communities. These corporate landlords harm renting families by jacking up rents, skimping on upkeep, and evicting tenants.