Find more information on the issues deeply affected by private equity investments:
In the face of the CDC evictions ban, $50 billion in federal rental assistance, and warnings by the FTC and CFPB, private equity firms and other corporate landlords are still insisting on evicting families during the pandemic, particularly families of…
Private Equity Stakeholder Project Executive Director Jim Baker presented data on the National Low Income Housing Coalition’s (NLIHC’s) National Call on the HoUSed Campaign for Universal, Stable, & Affordable Housing. Baker spoke after a representative from the CFPB talked about…
Reuters investigates the big, deep-pocketed corporate landlords with property portfolios spanning multiple states that have been the most aggressive in filing eviction cases, even as they have thrived in the pandemic. Reuters, Apr 23, 2021: Special Report-Giant U.S. landlords…
With the Consumer Financial Protection Bureau and the Federal Trade Commission announcing an investigation into the eviction practices of “major multistate landlords, eviction management services, and private equity firms” that are forcing people out of their homes despite government…
The Wall Street Journal reports on the Consumer Financial Protection Bureau and the Federal Trade Commission beginning to investigate companies that may have broken a federal eviction moratorium during the health crisis. The agencies said they would focus on private-equity…
The Hill reports on the calls for the federal government to step up enforcement of the CDC eviction moratorium as private equity firms and other corporate landlords have filed to evict residents despite the ban. The Hill, Apr 15,…
NPR followed the plight of a single mom who owed less than $1,200 when she got evicted, yet ending up losing a home she owned outright and had lived in for 16 years. NPR, Apr 16, 2021: Losing It…
Addressing calls to step up enforcement of the Centers for Disease Control and Prevention’s national ban on evictions, the Consumer Financial Protection Bureau announced an interim rule on Monday that will allow tenants to sue debt collectors that violate…
Bloomberg reported that corporate landlords controlled by Pretium Partners LLC have sought evictions for unpaid rent against 1,300 residents in seven states, seeking to evict thousands of cash-strapped tenants despite a federal moratorium. Bloomberg, Apr 14, 2021: Private…
The Private Equity Stakeholder Project (PESP) published a report today detailing how Progress Residential and Front Yard Residential, owned by private equity firm Pretium Partners, have filed to evict more than 1,300 residents during the COVID-19 pandemic, with the companies…
The Washington Post reports on Treasury Department officials being given nearly $50 billion in emergency aid for renters who have fallen behind, and are racing to distribute it through hundreds of state, local and tribal housing agencies, some of which…
Business Insider reveals that the driving force of the evictions crisis is how corporate landlords are becoming an increasingly dominant player in the U.S. rental market, and they are more likely to throw their tenants out onto the street.
