Activists from Boston’s communities of color came out in support of the first “Occupy the Hood Boston” gathering on Oct. 21, 2011, where they discussed a variety of issues including youth violence, police brutality, education and racism.
Grassroots activists protested through the streets of Boston Sept 30 regarding allegations that Bank of America has predatory practices towards low income customers of color. I interviewed a couple of people in the video about their foreclosure problems.
On the eve of the 40th anniversary of the Fair Housing Act, the federal law that prohibits housing discrimination, local government officials and activists gathered last week for a forum designed to help endangered residents save their homes.
The rising tide of foreclosures has shaken the nation’s economy and left many homeowners nervous about their financial futures. Communities of color, frequently targeted by predatory lenders and victimized by discriminatory housing practices, have experienced a particularly strong backlash.
The number of foreclosures continues to rise in Massachusetts, and the troubling tide is affecting not only homeowners, but renters as well.
There were 1,334 foreclosure deeds in April, a higher number than ever previously recorded in any single month, and the number of deeds through the first four months of 2008 outpaced those in the same period of 2005 by nearly 1,200 percent, according to The Warren Group, a Boston-based publisher of local real estate data and the Banker & Tradesman newspaper.
“The Massachusetts foreclosure mess is just not getting better,” said Warren Group CEO Timothy Warren Jr. in a late May statement accompanying the release of the new data. “Thousands of homeowners are entering the foreclosure process every month, and about one-third of them are losing their homes. It’s staggering to see how the numbers have exploded in the past three years.”
Some housing advocates argue that the explosion has unfairly victimized tenants, many of whom don’t know what rights they have when the buildings that they live in go into foreclosure.