Private equity-owned and -backed nursing homes had higher COVID-19 infection and fatality rates for residents, and those same facilities had a disproportionate share of the COVID-19 resident and staff cases and deaths relative to public, non-profit, and other for-profit nursing homes in New Jersey, according to a new report from Americans for Financial Reform Education Fund (AFREF).
The Proposal will impose new costs on beneficiaries, undermine American’s retirement security, and impede investment decisions that would lead to a more sustainable economy and society.
It is absolutely critical for the well-being of families, communities and the economy that homes are protected. Congress needs to enact measures to protect homeowners and renters, including the following mortgage protections, which our organizations have been advocating:
“The failure to effectively control underwriting standards is one more example of ‘heads they win, tails we lose’ support for Wall Street.”
“We urge you to include these mortgage provisions in the next COVID-19 relief legislation. They will provide homeowners the temporary relief they need to get back on their feet and successfully rebuild their lives.”
Yesterday, HUD finalized a new AFFH rule that is completely contrary to the intent of the AFFH mandate. Instead of furthering fair housing, the rule effectively eliminates a critical tool for addressing discrimination and segregation in our communities.