Federal Rental Program Update: White House Supports Rental Program
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Rhode Island senator Jack Reed (D) believes that the key to helping the housing market is for the U.S. government to become a landlord. For months now, Reed has been calling on Fannie Mae and Freddie Mac to rent out their massive, 250,000-strong inventory of foreclosed homes in order to “shrink the inventory of government-owned homes” and hopefully, in the process, diminish the glut of foreclosures on the market as well[1]. Now, Reed finally has some real support in the form of a call to action from the White House. The Obama administration has announced that the government-controlled GSEs should partner with private investors in order to make Reed’s proposed rental program a reality[2].
Currently, the president has simply said that the administration is “soliciting ideas” on how to put Reid’s concept into action. The end goal is to “turn the federal government’s inventory of foreclosed houses into rental properties that could be managed by private enterprises or sold in bulk”[3]. Previously, the idea of a landlord-government has been met with strong resistance. Do you think that this new addition to the proposal – that the government sell the rentals off – makes it more appealing? Do you trust the government to really stay out of the landlording business and let private investors in on the action?
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I think somebody ought to check the Constitution to see if this is even permitted! I do NOT like this push to make the government our landlord, our father figure and our source of income through unemployment insurance and welfare programs! This isn’t Europe where we go asking the government IF we can have an apartment, please, and how big? and where? I don’t like this at all, no sir, I don’t like it one little bit!
In order for the Real Estate market to recover who have to do something that will get a record inventory of vacant homes back to productive use. That means that someone has to go in and fix them and then rent them. If the government can figure out a way to partner with private enterprise many problems would be solved. The government should (like it did in the 1930′s) create a WPA to engage contractors in fixing the houses. The government could then list the properties to be rented (maybe even on a rent to own program?) and eventually (wihtin 2 years) sell them to REDUCE OUR NATIONAL DEBT???
Good Landlord Program - News
The potential for the same types of things going awry with a rental program is huge. What is the Government going to do, make investors sign a piece of paper saying “I promise to be a good landlord, treat tenants right, rehab all the properties
“We're a good landlord,” said Khan. “We have a maintenance program in place where we have a licensed contractor that comes in to treat the building common areas as well as the individual apartment units if a tenant brings that to our attention.
I do NOT like this push to make the government our landlord, our father figure and our source of income through unemployment insurance and welfare programs! This isn't Europe where we go asking the government IF we can have an apartment, please,
“Having this in place will definitely improve safety,” Nelson said. “If I were buying a duplex, this would be a selling point.” “If you're a good landlord, you'll want to do the best for your tenants,” Trustee Georgina Vota added.
For the last several years, landlord and tenant issues have been the second most common type of complaint filed with the state's Bureau of Consumer Protection. And security deposit issues make up the majority of those complaints.
Liberty Wells Community Council » July 13, 2011 Liberty Wells ...
On August 9th, 2011 filed in Meeting Minutes
Call to Order and Quorum – DeWitt Smith, Chairman
Officers and Board Members present: DeWitt Smith, Marilyn Oblad, Jim Fisher, Chris Hermann, Steven Hunt, Wayne Howcroft, Valerie Davis, Julianne Hancock, Charles Robbins, Jeff Bair, and Larry Simpson. Quorum Present
Welcome – DeWitt SmithShawn McDonough – Salt Lake City Mayor’s Office
Detective Taylor West – Salt Lake City Police
MinutesAt the last meeting it was reported that UTA was doing away with the 300 East routes. There was a request for a letter from the Community Council requesting that it be reinstated. This will be added to the minutes. The minutes were then approved as amended.
It was added that the change has already take place so no letter is needed.
Program Chairman’s Report – DeWitt Smith Introduced the new Officers and Board members that were elected last month. They are listed in last month’s minutes. We are getting close on a piece of property for the community garden Salt Lake Community Network meeting is tomorrow They will discuss the landlord /tenant initiative program. There are lots of changes. You can review the proposal on the City’s web site. The Good Landlord program includes a four hour training. Anyone interested may contact Mary Beth Thompson at the City. Next month we should have the Mayor’s Assistant Upcoming open houses July 27 – Sprague Library – bicycle and pedestrian travel 800 South to 3300 South on 10th East. July 28 Sprague Library – Phase 2 program for Sugarhouse Streetcar system. Treasurer’s Report – Steven HuntToday we have $375. DeWitt has a $100 check from the Neighbor 4 Neighbor program.
Safety – Chris HerrmannNothing
Facilities – Jeff Bair House on 400 east North of 1700 south – hearing to make it a legal duplex – Monday at 7:00 pm Salt Lake City has an ordinance related to commercial signs. – Encampment Celebration – July 23 – Marilyn Oblad Parking will be available in the Northwest corner of 1700 South and 500 East. Also ta the Centenary Methodist Church on 500 East and Blaine Ave. and at the McKay/Waterloo chapel ½ block north on 500 East. Breakfast suggested donation will be $2 for adults, $1 for children and $5 per family. Anyone who wants to help with food is welcome starting at 7:00 a.m. There will be a band to welcome the walkers.
Good Landlord Program, My Eye!! @ is a gold star member of this discrimination based, City backed farce:
RT @: Looking for info on the Good Landlord program? Find it here -
RT @: Looking for info on the Good Landlord program? Find it here -
Looking for info on the Good Landlord program? Find it here - Good Landlord Program - Bookshelf
New York Landlord's Law Book
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Ogden's Good Landlord Program - Ogden City
Ogden's Good Landlord program improves the quality of life in our neighborhoods and reduces business costs by controlling and preventing illegal activity on rental ...
Good Landlord Program - Downloadable Forms and Agreements
download. SOUTH SALT LAKE CITY GOOD LANDLORD PROGRAM. download ... Taylorsville City GOOD LANDLORD PROGRAM. download. To view and print PDF files you'll need ...
West Valley City, UT - Official Site - Good Landlord Program
All landlords may choose to seek membership in the City's "Good Landlord Program," which provides discounted disproportionate service fees to members. ...
Landlord.com | Websurf News - Good Landlord Program
'Good Landlord' programs popular. Tenants happier; crime dropping in participating rentals ... The programs, which can be found in cities across the Wasatch Front, ...
Salt Lake City Landlord/Tenant Initiative - Good Landlord Program
Participation in the Landlord/Tenant Program, however, is voluntary. ... If I have the received Good Landlord training from my participation in another city, do I ...