ACORN Reborn: Alliance of Californians for Community Empowerment

On Friday, the Los Angeles County Superior Court heard a case brought by real estate mogul Greg Geiser against a couple whom he evicted — and who retaliated by staging a protest in front of his own house with the help of a group called the Alliance of Californians for Community Empowerment (ACCE).

ACCE (Facebook)

Exclusive — Congress Likely To Defund Obama’s Housing Rules

The administration’s housing regulation, Affirmatively Furthering Fair Housing (AFFH), gives the federal government the power to decide the racial composition of communities in America. The regulation allows for the Department of Housing and Urban Development to withhold money from cities and municipalities that fail to address racial disparities in their communities. Congress is likely to defund Obama’s housing rules in the forthcoming omnibus spending bill.

dome of the US Capitol is seen in Washington on January 4, 2011, one day before before the Republican-led 112th Congress covenes for the first time. AFP PHOTO/Nicholas KAMM (Photo credit should read

Blacks Left out of Liberal San Francisco’s Prosperity

San Francisco is enjoying the benefits of a new tech boom, but black residents are left behind–or leaving.
That’s the story told by new data on incomes, which show that white, Asian and Latino residents saw increases in 2014, but blacks saw their incomes fall by nearly 5 percent,

New Study Names San Francisco As Most Expensive To Buy A Home

Hot Silicon Valley Property Market: Seattle

Prices for homes in the Bay Area have increased to the point where hi-tech workers are fleeing to the Pacific Northwest to find affordable housing, according to the real estate site Redfin. The median home price in the Bay Area has surpassed $1 million, and Redfin CEO Glenn Kelman told the San Francisco Chronicle that one-quarter of Bay Area searchers are checking areas elsewhere–a steep hike from the one-seventh of searchers looking elsewhere in 2011.

Seattle housing (Christopher Hall / Getty)

Critics: San Francisco’s Poor Pay for Their Own Eviction by Tech Cronies

With San Francisco offering massive tax incentives to redevelop 77 dilapidated warehouse buildings into a “Twitter Town” for the “digerati” venture capital crowd, the adjacent Mission District community is now in turmoil, as the city’s poor are being booted to make room for new buildings and Airbnb vacation rental conversions.

Twitter HQ (Adelle Nazarian / Breitbart News)

Dodd-Frank Hurts Latino and First-Time Home Ownership

According to the California Realtors’ home ownership affordability report, only 28 percent of Los Angeles residents can afford to buy a home in Los Angeles, due to the combination of low inventory and the fact that the Dodd-Frank Consumer Protection Act made it much harder for immigrants and first-time buyers to qualify for a loan.

Dodd-Frank (Reuters)

Lesbian CA Lawmaker Toni Atkins & Wife Accused of Cronyism

Assembly Speaker Toni Atkins, a lesbian whose wife, Jennifer LeSar, heads LeSar Development Consultants, which specializes in affordable housing, has been accused of conflict of interest for her proposal that California hand out $500 million for apartments for low-income residents.

AP Photo/Rich Pedroncelli

Sub-Prime Mortgage Loans are Back, Again

Despite all the pain Americans suffered from sub-prime lending, the Federal Housing Administration (FHA) and the Community Redevelopment Act (CRA) are once again pushing low-income people with little or financial cushion into dicey mortgage loans.

Sales of existing homes slid 6 percent in November

Jim Cramer: 2015 to Be Good Year for Consumers, Housing

On Thursday’s broadcast of NBC’s “Today,” CNBC “Mad Money” host Jim Cramer forecasted 2015 to be an improvement for the American economy, with the possibility of pitfalls abroad being the only thing to interfere. “This is a year where the