Causa Justa sues the Federal Government!

Activists Sue Federal Agency for Illegally Withholding Affordable Housing Funds

A lawsuit alleges that the Federal Housing Finance Agency has withheld $382 million from the National Housing Trust Fund.

by Alyssa Figueroa
AlterNet
July 9, 2013

The Right to the City alliance filed an unprecedented lawsuit against the Federal Housing Finance Agency (FHFA) and its acting director, Ed DeMarco, on Tuesday, for illegally withholding at least $382 million from the National Housing Trust Fund, an affordable housing federal fund established in 2008.
Right to the City is a national alliance of 50 grassroots organizations in 17 cities. Its major campaign, the Homes for All campaign, unites renters, public housing occupants, homeless families and underwater homeowners to fight for affordable housing.
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National Low Income Housing Coalition Files Suit Against Federal Housing Finance Agency for Failing to Fund Affordable Housing

July 9, 2013



Washington, DC – Today, the National Low Income Housing Coalition, along with four individual plaintiffs and the Right to the City Alliance, filed a lawsuit against the Acting Director of the Federal Housing Finance Agency, Edward DeMarco, for failing to uphold Fannie Mae and Freddie Mac’s statutory requirement to make contributions to the National Housing Trust Fund. 

“The time has long past for Fannie Mae and Freddie Mac to be supporting the National Housing Trust Fund as Congress meant for them to do. The delay caused by the Federal Housing Finance Agency is unconscionable given the growing shortage of housing that is affordable for the lowest income Americans. The National Low Income Housing Coalition is taking this action today in hopes these critical resources can be put to use as soon as possible,” said Sheila Crowley, President and CEO of the National Low Income Housing Coalition.
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People’s Grocery – Paula Beal
by HEATHER WATKINS JONES

Paula is no stranger to community activism and the promotion of a better food system. A pioneer in her own right she is a cook, teacher, and urban gardener. She is currently using her platform at People’s Grocery to create a series of community meals and a community-based restaurant.  Keep reading to find out just how it all began for Paula Beal.
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"Right to the City and our co-plaintiff, the National Low Income Housing Coalition, are suing the Federal Housing Finance Agency (FHFA) and Acting Director Ed DeMarco for violating the 2008 Housing and Economic Recovery Act (HERA). HERA requires Fannie Mae and Freddie Mac to contribute a portion of their revenue to theNational Housing Trust Fund, a fund created explicitly to support low-income affordable rental housing. Despite the banks' reporting $28 Billion in record profits in 2012, FHFA, which oversees Fannie Mae and Freddie Mac, has failed to contribute to the National Housing Trust Fund and shirked their responsibility to millions of families in need of affordable and fair housing."MORE

--Causa Justa