Accredited Investor? We Have a Deal Available Right Now! Click Here to Schedule a Call and Get Full Access

Eviction Sealing Hearing Held May 9 at State House

Posted on May 25th, 2023
by Nomer Caceres.
Posted in News –

<!–
—

MassLandlords’ Executive Director Doug Quattrochi testified at the May 9 hearing against eviction sealing. Surprisingly, small and mid-sized landlords seemed at odds with the Greater Boston Real Estate Board, who sat alongside Senator Edwards in supporting the HOMES Act, a proposal that eviction records be sealed. Eviction sealing would make it harder to identify applicants who are coming off an eviction with their prior landlord.

A view from the State Housing hearing camera looks down on a packed hearing room with thin commercial carpet, wood table and four chairs for testimony. Two chairs are occupied, at left by Senator Edwards in a sleeveless dress and at right by Greg Vasil in a suit with bow tie. Behind them are four rows of benches full of people waiting to speak and a line of people standing at the back of the room.

Senator Edwards (left) supported eviction sealing in a panel of two with Greg Vasil, CEO of the Greater Boston Real Estate Board (right). Public domain.

Renter advocates say eviction sealing is necessary because not all landlords read and understand the court records, and therefore unfairly dismiss some applicants for rental housing.

A coalition of all the usual renter advocates appeared to support the HOMES Act, including CHAPA, Harvard Legal Aid Bureau, the Massachusetts Law Reform Institute, the Massachusetts Coalition for the Homeless, the Alliance of HUD Tenants, the Metropolitan Area Planning Council and the Somerville Office of Housing Stability. Unusually, others whose roles seem less clearly pertinent also testified, including the Massachusetts Catholic Conference, Attorney General Andrea Campbell and Suffolk County District Attorney Kevin Hayden. A total of 107 were registered to testify at the hearing, but most spoke on another topic.

Despite apparent support, this hearing indicated that the HOMES Act may be foundering. Senator Edwards attempted to address comments made in MassLandlords’ written testimony, but was cut short.

She started, “This system [MassCourts.org] was not set up to allow people to screen out and discriminate against individuals. One of the ideas proposed is that we should somehow make people with eviction records a protected class. That literally means…

Source link

Article

Self-Storage: Achieving Value-Add Returns, Without Significant Cap Ex

If you have read any of my previous articles, you know that providing your portfolio with downside protection is the most critical part of investing

What are “recession-resistant” real estate investments?

Did you know that real estate has created more millionaires than any other asset class? What you may NOT have heard is that real estate

How Will COVID-19 Impact the Major Real Estate Asset Classes?

Fellow Investors, I hope you are doing well and staying safe during these challenging and uncertain times. As concerns surrounding coronavirus (COVID-19) continue to

INVEST IN AN BETTER ALTERNATIVE OPPORTUNITY TODAY

Lee Chandler does not make investment recommendations, and no communication through this website or in any other medium should be construed as such. Investment opportunities posted on this website are “private placements” of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. Private placement investments are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by Lee Chandler and may lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. Any investment information contained herein has been secured from sources that Lee Chandler believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees and expenses. Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this website, and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity. Investments in private placements involve a high degree of risk and may result in a partial or total loss of your investment. Private placements are generally illiquid investments. Investors should consult with their investment, legal, and tax advisors regarding any private placement investment.

DISCLOSURE

Lee Chandler, LLC . Regulatory disclosures: Disclaimers & Risks, Privacy Policy.