He stressed the need for people to buy property collectively and develop plans that would work as safety nets when people can’t afford to pay their mortgages.
As the foreclosure crisis worsens, the Federal Reserve Board (the Fed) is proposing rules to restrict abusive mortgage lending practices. While this is a good step, 32 California groups assert that not enough is being done to help working families and their neighborhoods, encouraging stronger rules to protect families from being sold loans they cannot afford.
Due to the toxicity of the land, Lennar is able to acquire land in poor areas, such as the Bayview, for next to nothing. Lennar then develops the area, building market value homes that current residents cannot afford, driving them out of their neighborhood.
I have a body of work that really looks at race relations and the dynamics of race – the pains, the problems and the frustrations between Black and white Amerikkkans – and in this one I thought that there was a possibility to look at perspective solutions.
Between the late 1860s and the 1920s, Black people were subjected to a form of ethnic cleansing that Hitler would later use as a precursor for the Holocaust.
The subprime mortgage crisis will cause African-Americans to experience wealth losses of between $71 billion and $122 billion over its duration.
Efforts to “dirty transfer” uncleaned shipyard parcels as proposed in the conceptual plan and the June 2008 ballot measure represent a direct violation of a city ordinance.
Now that we know how that negligence has endangered an upscale white neighborhood in Florida, will anyone in Hunters Point stand up in Lennar’s defense?
George D. Porter dedicated his career to the International Longshoremen’s Workers Union Local 34. He died in the care of his loving family on the morning of Feb. 19, 1992. His immediate cause of death was dehydration. His final cause of death was pulmonary asbestosis.
The resolution does not compel any action but calls upon the city to halt construction, order health assessments and communicate these reports to the district and the public.
It would be a liability to accelerate the transfer of a federal Superfund site from the National Priority List with the data gaps that exist in the characterization of this property. The city admits it cannot clean up the Shipyard’s radiation-contaminated sites, which comprise the bulk of Parcels D and E. Parcel F, the Shipyard’s underwater region, has not been adequately studied.
Nevertheless, recent news articles have discussed plans to speed up the pace of the cleanup and possible use of the Shipyard to house a new 49ers stadium.
“I have several friends who have died from asbestos, died from inhaling asbestos. Don’t let any of these people tell you it’s not toxic. I have complained about all those trucks with all that dust. They bring it through our neighborhood with no cover.”
I found out that Lennar pays for the studies conducted by the SFDPH. Dr. Bhatia told me that there is nothing wrong with the air or the dust and that people couldn’t possibly be experiencing health care problems.