April 30, 2015

VICTORY: HUD Program Changes to Reduce Foreclosures and Increase Affordable Housing

April 24, 2015 - Exciting news from our partners at Right to the City, Center for Popular Democracy, and Alliance for Community Empowerment:

Following a six month campaign led by the community groups working with the Right to the City Alliance (RTC) and the Center for Popular Democracy (CPD), the Federal Housing Administration (FHA) of HUD announced significant changes to the Distressed Asset Stabilization Program (DASP).

Following the changes announced today, the DASP’s new plan will include:

  • A commitment to selling more loans through special pools that require investors to achieve a certain percentage of outcomes that help the surrounding neighborhood;
  • The creation of special auctions for nonprofit bidders only;
  • A 12-month foreclosure moratorium on all loans sold through the program;
  • Higher standards for loan modifications;
  • Improved reporting requirements; and
  • A 20-day first look period in which owner occupants, government entities, and nonprofits have the opportunity to buy a real estate owned property before an investor may bid.

“Wall Street has demonstrated how little they care about the stability of our neighborhoods,” says Giselle Mata a community leader with the group ACCE (Alliance of Californians for Community Empowerment).  “The federal government shouldn’t be putting us back into the hands of Wall Street vultures when there’s a clear alternative.  We noticed that HUD has listened and is making changes to help more non-profits, with a commitment to our communities, get these mortgages.”

HUD, now joined by Fannie Mae and Freddie Mac, have been contributing to the Wall Street buy-up of neighborhoods across the country, through their bulk sale of delinquent mortgages. The private equity firm Blackstone is now the largest landlord of single-family housing in the country.  Community groups have been calling on the FHA to prioritize selling troubled mortgages to non-profits with a program to offer loan modifications with principal reduction and an affordable housing plan for vacant properties.  Instead, 90% of the 117,000 delinquent mortgages the FHA has sold since 2012 have gone to for-profit entities, largely private equity firms and hedge funds. A status report on the program, released by the FHA, showed that borrowers resumed payments on fewer than 13 percent of the mortgages as of February.

While Right to the City Alliance and the Center for Popular Democracy applaud the FHA’s movement in the right direction, they say there is still a lot more to be done.

Most importantly, the FHA needs to establish a “first look” program so that purchasers with a plan to offer modifications with principal reduction and to create affordable housing get a first chance to purchase all of the loans that the FHA is selling.  In addition, the FHA needs to strengthen affordability requirements for properties put on the rental market.

Over the past six months, community groups across the country have held rallies and protested at local HUD offices multiple times, in addition to national meetings with FHA staff.

“We’ve been strong, united and consistent in the work to defend our communities,” said Rachel Laforest, RTC’s Executive Director. “But this work is also about helping shape a housing economy that provides safe, dignified and long-term, truly affordable housing options for all families. We’re happy to see HUD take steps in the right direction, but more is needed to truly protect struggling homeowners and communities.”

In September 2014, Right to the City Alliance and the Center for Popular Democracy launched a national campaign calling on HUD to reform DASP. Read our report, Vulture Capital Hits Home: How HUD is Helping Wall Street and Hurting Communities.

###

RTC is working collaboratively across sectors to develop national housing policy that ensures that our communities and future generations have homes that are truly affordable, stable, and dignified. Our Homes For All campaign aims to protect, defend, and expand housing that is truly affordable and dignified for low-income and very low-income communities by engaging those most directly impacted by this crisis through local and national organizing, and winning strong local policies that protect renters and homeowners, and shifting the national debate on housing.

Find More By:

June 12, 2019

NFG Announces Transition of President Dennis Quirin

For Immediate Release
June 12, 2019

OAKLAND, CA — On July 19, Dennis Quirin will step down as President of Neighborhood Funders Group (NFG) to accept a new position as Executive Director of the Raikes Foundation in September. NFG’s Vice President of Programs, Adriana Rocha, and Vice President of Operations, Sarita Ahuja, will serve as Interim Co-Directors to shepherd the organization through the executive transition. A search for NFG’s next President will begin in late 2019.

“The courageous and bold leadership that Dennis exhibits is exactly what this moment requires. Today, NFG stands strong and in solidarity with the movements we are all in service of advancing. It has been an honor to work with someone who aligns their values with their actions as consistently as Dennis does. On behalf of the board, I am excited to welcome the next leader who will carry on NFG’s mission supporting grassroots power building so that communities of color and low-income communities thrive,” said Alison Corwin, Chair of the NFG board.

In his six-year tenure as President, Dennis has overseen tremendous expansion in NFG’s membership, operations, and programming. NFG's institutional membership has more than doubled, with now over 115 foundations around the country participating as members in programs focused on shifting power and money in philanthropy towards justice. NFG’s team has also grown to 15 staff members located in six states across the US. Dennis has launched the Amplify Fund, a multimillion-dollar collaborative fund for equitable development, and Philanthropy Forward, a foundation CEO fellowship. He has also fostered new directions in programming addressing issues such as gentrification and displacement, racial justice and police accountability, just transition to a new economy, rural organizing, and the changing landscape of workers’ rights.

“It has been a great privilege to lead this organization as it activates philanthropy to support social justice and power building,” said Dennis. “Nearing its 40th year, NFG is now in the strongest position it has ever been, and will no doubt continue to grow and build upon what we have accomplished together during my time here. I am excited to take what I’ve learned and apply these lessons in my new role at the Raikes Foundation.” 

“Dennis’s visionary leadership over the past six years has strengthened NFG as a community where funders gain relationships and tools to move more resources to organizing and powerbuilding,” said Sarita. “We are grateful to Dennis for building NFG into the thriving organization it is today,” added Adriana, “and look forward to welcoming a new leader in 2020.”

NFG’s executive search will be announced later in 2019 and will be open nationally to candidates. More immediate questions about the search can be sent to Shannon Lin, Communications Manager, at shannon@nfg.org

###

 

Read more: "A New Chapter — for Me and for NFG"

 

Find More By:

News type: 
May 9, 2019

Building Power in the Sunshine State: Lessons from FJE’s Florida Learning Tour

In April 2019, NFG's Funders for a Just Economy and Florida Philanthropic Network brought together funders from across the country and community organizing leaders in Florida to explore how diverse communities in the state are building power and political infrastructure for workers’ rights, migrant justice, women’s rights, and more.

Sienna BaskinSienna Baskin, Director of the Anti-Trafficking Fund at NEO Philanthropy, shares her experience from the learning tour. You can follow Sienna at @SiennaBaskin and NEO at@NEOPhilanthropy

Would you be able to come from the frozen Northeast to a resort in Ft. Myers without relishing the feeling of your toes in sandals or the warm bay breezes? I know these were my first impressions as I landed for the Funders for a Just Economy Florida Funder Tour. But as we left the sunshine to enter a darkened conference room, our eyes adjusted to read the first slide: “Racial Capitalism and Resistance in the Sunshine State.” As funders, many of us tourists and outsiders, we were invited in to learn the real story of Florida.

During this introduction to the tour, we learned that the inequities Floridians are suffering were sown in the earliest days of European colonization, and the roots of revolt stretch just as far back. By the 1800’s, Native Seminole communities were a haven for escaped slaves, and some of the largest anti-slavery uprisings were launched from these enclaves. Post-reconstruction, this blossoming of freedom was repressed with an especially brutal reign of the KKK – Florida had the highest number of lynchings per capita of any southern state. Florida also passed the first “Right to Work” law in the nation, disenfranchising African American communities to maintain the status quo, and built the tourism sector with leased convict labor. Considering these challenges, Cuban, Spanish and Italian workers built strong unions and mounted many strikes at cigar-rolling factories. In 1968 it was out of a failed sanitation strike in St. Petersburg that one of the fastest growing multiracial unions in the south — SEIU Florida Public Service Union – was born. And just this week, Florida passed one of the harshest anti-immigrant bills in the country, banning sanctuary cities and requiring local government agencies to cooperate with ICE.

Learning tour participants sit at tables to listen to local community organizers in a colorful room surrounded by posters.

Photos by Arista Collective

This sense of a violent swing from liberation to repression and back again permeated our time in Florida. We met many of the brilliant leaders riding these waves. They had much to teach us. Like the country at large, Florida is almost perfectly balanced between progressive possibility and conservative ideology. Every election is won or lost by 1%, but a Republican stronghold has held onto power. This means organizers must find ways to engage conservatives around shared values, build an alternate narrative powerful enough to contest for governing power and move the apolitical (30% of voters are unaffiliated), or create new systems of accountability and power outside of government.

We heard examples of all of these strategies. The Florida Rights Restoration Coalition recently won a ballot initiative to restore voting rights to people with criminal records by connecting with returning citizens, their families, and the wider community around a sense of justice, not by arguing politics. Alliance for Safety and Justice organizes crime victims around criminal justice reform by talking about failures in public safety. The Statewide Alignment Group, an alliance of 7 organizations including Florida Immigration Coalition, Central Florida Jobs with Justice, and Faith in Florida, are building a new electorate through leadership development, community-based popular education, and ballot initiatives, with Medicaid expansion, automatic voter registration and $15 minimum wage in their sights. The Miami Workers Center organizes victims of domestic violence and domestic workers to fight the feminization of poverty with a shared agenda. All aspire to a new definition of civic engagement, where working people are authors of the laws that affect them, an audacious goal in a state that has long repressed workers. This requires not being “prisoners of the moment” as Alphonso Mayfield of the SEIU called it, but seeing where even failure leads to future change, if there is deep collaboration and engagement over years.

Nelly Rodriguez of the Coalition of Immokalee Workers speaks to learning tour participants sitting at a table with her.We also visited Immokalee, a town of migrant workers, small bodegas and vast tomato and citrus farms. Around bright oilcloth-covered tables we heard about the Coalition of Immokalee Workers' famous human rights program, built to change the slavery-like conditions on industrial farms. By holding the brands at the top of the supply chain accountable for enforcing worker protections and threatening the loss of sales for farm owners if they did not sign up, workers were able to institute higher pay and standards than even the law requires. Surrounded by hand-painted signs from their marches against Wendy’s, Taco Bell and other corporate giants, we saw the potential of this program, born of necessity in one of the most oppressive regions and industries in the country for low-wage workers.

Unfortunately, philanthropy is not always walking with these activists. While Florida is perceived as a wealthy state, we learned that there are almost no social justice funders in Florida, especially for workers or immigrant rights. Many holders of wealth hail from outside of Florida, and think of the state as their vacation or retirement spot, not where they should be giving back. And national funders aren’t always investing in the most impactful ways. Money pours into Florida for disaster response or to swing the state during election years, focused on numbers, not depth or long-term engagement. These kinds of resources may lead to the problem of “burnt turf,” when voters don’t trust that organizers are really working in their best interest. For long term grassroots investment, Florida often falls through the cracks.

Two people on the learning tour sit in a bus looking out onto farm fields.

Photos by Arista Collective

The Contigo Fund showed us one example of how to do things differently. After the massacre of 49 LGBTQ Latinx young people at the Pulse nightclub in Orlando, a combined effort through crowdfunding and traditional philanthropy raised 30 million for the families and survivors, and 3 million more was raised for longer term efforts. The Contigo Fund carried out an assessment to learn how the community identified the conditions they were facing, the gaps in resources, and their hopes and dreams for change. The resulting grants promoted 37 new LGBTQ leaders of color into positions of power, launched new programs for LGBTQ communities in existing organizations, and helped found 11 new organizations led by LGBTQ people of color in central Florida.

Tarell McCraney, writer of the Academy Award-winning “Moonlight,” called Miami “a beautiful nightmare.”  My sense, after soaking in Florida sunsets and hearing from these activists, is that this moniker could apply to the entire state. Florida has suffered many traumas: historical, environmental, collective and individual. It is top in the nation for poverty-wage jobs, has the highest rate of ICE arrests in the country, and was home to half of all US murders of trans people in 2018. But it also has enormous potential, potential Florida activists and organizers can feel. Some of the most brilliant organizing strategies in the country are emerging from this state, out of the urgency of the moment and the creativity of activists overcoming high barriers. These are the strategies we need to turn this whole country around. Marcia Olivo of the Miami Workers Center shared her belief that out of healing can come collective action, and without this action, healing is incomplete. Philanthropy has an opportunity to help move this, and all the other exciting ideas in Florida, to a place of flourishing.

More about the tour: Tour Agenda | Speaker Bios | Attendees List

We are so grateful to the organizations that worked with us on this tour: Alliance for Safety and Justice, Alianza for Progress, Central Florida Jobs with Justice, Coalition of Immokalee Workers, Community Justice ProjectContigo Fund, Dream Defenders, Faith in Florida, Fair Food Standards Council, Family Action Network Movement, Farmworkers Association of Florida, Florida Immigrant Coalition, Florida New Majority, Florida Philanthropic Network, Florida Rights Restoration Coalition, Miami Workers Center, Organize Florida, QLatinx, SEIU Public Services Union of Florida, VIDA Legal Assistance, WeCount!