The Director of the Federal Housing Finance Agency visited Southern Towers in the West End this week, signalling to housing advocates that years of protests against rent hikes and evictions are finally paying off.
On Wednesday, FHFA Director Sandra Thompson toured the 2,261-unit Southern Towers complex at 4901 Seminary Road. The tour was hosted by the People’s Actions Homes Guarantee campaign and African Communities Together (ACT), and the groups say that affordable housing residents are at the mercy of a major private equity landlord that only cares about profit. The groups say that since buying the property at the height of the pandemic in 2020, California-based owner CIM Group has evicted more than 250 residents, and that many of them endured uninhabitable conditions and rent increases.
