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
July 6, 2017
Tenant harassment and displacement as a business strategy threatens New York City’s rent-regulated housing stock, one of our most important sources of affordable housing. New York City has over one million rent-regulated units, nearly half of all rental units.
Blog
June 29, 2017
Last week, ProPublica launched a new tool mapping the number of rent stabilized apartments with preferential rents by zip code, throughout New York City. The results are eye-opening.

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