Overview

Good lending on multifamily apartment buildings is as necessary as bad lending is destructive; all neighborhoods need regular access to credit to keep the housing stock healthy, but irresponsible lending can make conditions worse for tenants. 

The Project

Overleveraging (lending more money than the building’s income can support) and lending to bad-actor landlords are just two examples of practices that often lead to displacement and harassment of tenants. 

ANHD uses our internal research and the activism of our broad networks of tenant organizers to advocate for all lenders to adopt a set of best practices to ensure their lending supports – and does not erode – decent and affordable sources of housing. This includes responsible underwriting, proper vetting of landlords, and staffing that works with tenants and the landlord to address issues as they arise after the loan is made.

Recents Blogs and Media

Blog
October 10, 2018
Department of Financial Services (DFS) issues guidance on responsible multifamily lending
Blog
September 5, 2018
A Once-In-A-Lifetime Opportunity to Help Make The CRA More Equitable
Blog
July 26, 2018
Over the past two years, tenants organized together across the city and brought their concerns and policy recommendations directly to the Signature Bank leadership.

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