Social Housing Development Authority (SHDA)
The Social Housing Development Authority (SHDA) is a proposed new federal institution to address the wave of distressed real estate as a result of the pandemic. The Authority would 1) acquire distressed real estate, 2) rehabilitate the property to livability and environmental standards, and 3) transfer the property to the “social housing” sector (community land trusts, tenant cooperatives, mission-driven nonprofits, public housing, and others). In doing so, this entity would forestall the scavenging of communities by vulture investors like private equity – hard lessons we learned from the post-2008 housing crisis.
- Letter to Majority Leader Schumer, 1/26/2021
- “A Wealthy Nation of the Homeless: The United States’ Eviction Crisis”, OECD Forum
- “Biden Wants to Unite the Country. How Can He Do It?”, Politico
- “NY renters face pandemic evictions ahead of Christmas, even with moratorium. What to know.”, LoHud.com
- “Homes Guarantee Campaign Demands Housing for All”, The Progressive