Who Supports Richmond

Richmond residents including underwater homeowners, their neighbors, members of the clergy, union members and leaders of community and faith groups have spoke in favor of the Richmond CARES program. Supporters include: OutsideCityHall.jpg

Community members laid out a STATEMENT OF PRINCIPLES that the program should follow to be fair and effective -- and city leaders and their partner organization signed on.

Rep. Barbara Lee and other Members of Congress Stand up for Richmond 

Ten members of Congress wrote to leaders of the Department of Housing and Urban Development and the Federal Housing Finance Agency urging them to allow communities to pursue local principal reduction strategies, including eminent domain, free of legal and other threats.

Service Employees International Calls on Investors to Negotiate

Mary Kay Henry, the President of Service Employees International (SEIU), the nation's largest labor union and a major pension fund investor urged large investment firms to negotiate in good faith with Richmond, CA. "If the City of Richmond, or other cities, successfully completes the refinancing program that it has proposed, the result will be not only a reduction in harmful foreclosures and a boost to economic growth, but new, more sustainable mortgages on refinanced, equity-positive loans that a variety of investors could purchase and service," Henry said.

National Groups Supporting Communities' Right to Address the Foreclosure Crisis

The following groups have signed on to a letter to Congress, declaring that federal agencies should respect the right of cities like to pursue local principal reduction programs without facing redlining or illegal discrimination by the big banks or federal agencies. (Note: Signers of letter to Congress do not necessarily have a position on Richmond or any cities' specific loan modification programs; they asked Congress and federal agencies to let cities work out plans that work for their homeowners and economies.)

Action Now
Action NC
Alliance for a Just Society
Alliance of Californians for Community Empowerment
American Federation of Teachers
Americans for Financial Reform
Arkansas Community Organizations
California Reinvestment Coalition
Center for Popular Democracy
City Life/Vida Urbana
Civil Justice
Common Good Ohio
Communication Workers of America
Courage Campaign
Delaware Alliance for Community Advancement
Home Defenders LeagueIdaho Community Action Network
Jewish Community Action
Leadership Center for the Common Good
Living United for Change in Arizona
Los Angeles Alliance for A New Economy
Maryland Communities United
Minnesota Neighborhoods Organizing for Change
Minnesotans for a Fair Economy
Missourians Organizing for Reform and Empowerment
National Association of Consumer Advocates
National Consumer Law Center
National Fair Housing Alliance
National People’s Action
New Bottom Line
New Jersey Communities United
New York Communities for Change
PICO National Network
Public Justice Center
Rebuild the Dream
Right to the City Alliance
SEIU 925
SEIU Healthcare Minnesota
SEIU International
SEIU Local 26
SEIU Local 284
SEIU Local 503
SEIU Local 1199
Southsiders Organized for Unity and Liberation
UAW 4123
Washington Community Action Network
Working Families Party

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