Add news
Нами Накагава — Kimi Wa Kirameki/Ты - Сияние! (feat. Ichigo Tanuki)
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021
123456789101112
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

‘Cancel Rent’ Champion Ayanna Pressley Raked in Thousands as Landlord, Records Show

‘Cancel Rent’ Champion Ayanna Pressley Raked in Thousands as Landlord, Records Show

The progressive congresswoman Ayanna Pressley (D., Mass.) has called rent cancellation legislation "literally a matter of life and death." At the same time, she has collected cash from her own rental properties.

Pressley and her husband made as much as $15,000 in rental income in 2019 after purchasing a $658,000 Boston home, according to property records and financial disclosures reviewed by the Washington Free Beacon. The income appears to come over the course of four months—the unit was first listed for $2,500 a month in June 2019 and the posting was removed in August.

Pressley and her husband refinanced the building as a multifamily investment property in August 2020. That requires the couple to maintain rent loss insurance.

Pressley's office did not return multiple requests for comment on whether the Democrat collected rent during the pandemic, and her real estate agent also did not return a request for comment.

Even if Pressley waived rent when the pandemic hit, she could recoup the lost income through a bill she cosponsored with fellow progressive representatives Alexandria Ocasio-Cortez (D., N.Y.) and Ilhan Omar (D., Minn.). The Squad members introduced the Rent and Mortgage Cancellation Act in both 2020 and 2021, which would require the federal government to reimburse landlords for lost rent for the duration of the pandemic. 

The bill also uses taxpayer money to create a "landlord relief fund" that prioritizes landlords with "the fewest available amount of assets," meaning Pressley and other minor lessors would be more likely to receive funds than large real estate firms. 

While supporting the bill, Pressley argued that rental payments force American families to "choose between putting food on the table and keeping a roof over their head."

Pressley and her husband earned roughly $400,000 in combined income in 2019, the Democrat's financial disclosure shows. 

The lawmaker's building serves as both a primary residence and rental property, with the Democrat living in one unit and renting out the other. The property's deed, mortgage papers, and homestead declaration list her husband's name; Pressley herself is not mentioned on the documents. The Democrat, however, reported the 2019 rental income as her own and also listed the six-figure mortgage as her personal liability—the appropriate move, according to Foundation for Accountability and Civic Trust executive director Kendra Arnold.

"[Pressley] would have an interest in the property regardless. A spousal designation on her financial disclosure wouldn't be especially important for that type of investment," Arnold told the Free Beacon. "Same with the loan—even if she doesn't own the property, she would still be responsible for the mortgage." 

The Rent and Mortgage Cancellation Act would effectively force taxpayers to pay for every American's rent or mortgage, as it does not include limits on income or payment size. The provision would also help Pressley's progressive colleagues. Ocasio-Cortez, for example, lives in Washington, D.C.'s swanky Navy Yard neighborhood in a posh apartment building where rent for a small studio exceeds $2,000 a month. 

Ocasio-Cortez stayed in the building during the opening weeks of the coronavirus outbreak, enjoying a rooftop pool, rooftop dog park, rooftop tennis court, Peloton cycling studio, yoga studio, private massage rooms with hydromassage beds, golf simulator, basketball court, and racquetball court. The amenities could be subsidized by the federal government should the Rent and Mortgage Cancellation Act pass.

The post ‘Cancel Rent’ Champion Ayanna Pressley Raked in Thousands as Landlord, Records Show appeared first on Washington Free Beacon.





Read also

Arsenal transfer target Ryan Bertrand available for FREE at end of season as Southampton confirm left-back’s release

Police nab 5 suspected pipeline vandals in Delta

Seth Rogen Detailed A Bizarre Dinner With Nicolas Cage That Began With The Famously Eccentric Actor Delivering A Made-Up Monologue… In A Jamaican Accent





News, articles, comments, with a minute-by-minute update, now on Today24.pro



Today24.pro — latest news 24/7. You can add your news instantly now — here
News Every Day

UFC 262 Video: Watch Countdown to Charles Oliveira vs. Michael Chandler