(ShelterForce) What Would it Mean to Cancel Rent?

Week of May 4
In this Issue: CDFIs Still at a Disadvantage in Paycheck Protection ProgramLand-Use Decisions Have Life and Death ConsequencesRent Strikes Launch WorldwideLet’s Interrupt History: Racial Equity in a Time of Crisis ● What Would it Mean to Cancel Rent? ● Also: Jobs ● Events ● Industry News ● You Said It ● In Case You Missed It +
Miriam Axel-Lute, Shelterforce
The popular organizing demand raises a host of questions for the affordable housing movement. Read Full Article
Joe Neri, IFF
Data on the pandemic shows once again the dramatic consequences of racial inequalities. CDFIs must focus on ensuring equitable access for Black-owned businesses. Read Full Article
Jason Friedman, consultant
Anyone claiming that equity and inclusiveness are guiding principles of the Payroll Protection Program should meet with minority small-business owners of color who are shut out from applying because they don’t have existing relationships with banks. Read Full Article
Shelterforce Staff
Tenant groups across the U.S. and beyond worked to pull off a wave of autonomous rent strikes Friday, May 1. We take a look at some of the posts and art organizers shared leading up to the action. Read Full Article
Lena Afridi and Chris Walters, Association for Neighborhood Housing and Development
Hospital closures in NYC follows an all-too-familiar pattern of disinvestment and a lack of resources in low-income communities of color.  Read Full Article
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Industry News

The Local Initiatives Support Corporation (LISC) has named Valerie White, a senior official with New York state’s economic development agency, as executive director of LISC NYC. White was most recently executive vice president at Empire State Development (ESD), as well as executive director of the agency’s Division of Minority and Women’s Business Development.

May 6, 2020, 12 p.m. ET | Why Investing in Communities Matters More than Ever in the Time of Coronavirus | Join Build Healthy Places Network for a conversation with three leaders representing the community development, finance and healthcare sectors that are reacting to the COVID-19 crisis. The interactive conversation with audience questions and answers will explore the critical role community development work plays in supporting resilience and healthy communities. Register here.
You Said It

Randy Shaw: Miriam, this is the first article I have seen (and perhaps the only one written) that addresses the impact of suspending nonpayment of rent evictions on nonprofit housers. It’s not a subject nonprofits are eager to discuss. All favor eviction moratoriums and do not want to be seen supporting putting people out on the street. But . . . Read More

Homes RI: This emphasizes why we need sustained funding for affordable housing! Via Twitter

Peggy: We need to support the tenants AND nonprofit affordable housing owners so that they can continue to provide stable housing and vital services to the residents! #AffordableHousing = public good. Via Twitter

Michael Kane: The main problem with Omar’s bill is that it would cancel ALL rent and mortgage payments, regardless of income or whether someone has suffered a job loss. By contrast, HR 6379, the Democrats proposal for CARES (not adopted) provided $100 billion targeted to people whose incomes had dropped (or were before) below 80% of AMI, with half to people below 50% AMI. Omar’s bill does not . . . Read More

Lynne: Wonderful. Many thanks to you. I have continued to support the many artists we know, as I can, throughout this peculiar time. Read More
Publisher/Executive Director, Shelterforce, Montclair, NJ ● Shelterforce seeks a publisher/executive director to advance its mission, grow its audience and influence, and strategically and sustainably guide the organization through an evolving and dynamic media landscape. Read Full Listing
Special Assistant to the Executive Director, Center for Community Investment, Washington, D.C. ● This is a new position designed to support CCI’s busy Executive Director who oversees CCI’s program, communications, leadership development, and operations teams; participates actively in CCI’s community investment and leadership development programs . . . Read Full Listing
More Jobs
Editor, Miriam Axel-Lute
Managing Editor, Lillian M. Ortiz
Assistant Editor, Elizabeth Oguss
Operations Associate, Sam Fields
Publisher, Harold Simon
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