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The publishing organization ispublisher:CAPE
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Summary and key findings insummary:"conflict of interest"
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Regions the document covers or discusses geography:Canada
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Climate TagsAffordable housing
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  • The report examines the growing influence of private equity in Michigan, where 10% of the private sector workforce is employed by private equity-controlled companies. It details how leveraged buyouts and aggressive cost-cutting strategies have led to increased bankruptcy rates, labor disputes, and reduced quality in essential services. Specific case studies highlight staffing shortages and poor rankings at Apollo-owned hospitals, rent spikes in Blackstone-owned student housing, and safety violations and child labor at Hearthside Food Solutions. The document also notes that Michigan has the second-highest number of private equity-owned manufactured home parks in the U.S., often characterized by predatory rent increases and neglected maintenance. Finally, it calls for the Michigan State Treasury and Retirement System to adopt responsible workforce and property management standards to protect public investments and residents.

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    Regions: Michigan
  • The Private Equity Manufactured Housing Tracker identifies 23 private equity firms and hedge funds owning over 1,900 manufactured home parks and 400,000 lots in the U.S. It argues that institutional investors capitalize on the limited mobility of residents to increase rents and fees, often with financing from Fannie Mae and Freddie Mac. The report details specific instances of rent hikes, poor maintenance, and unjust evictions, while calling for government intervention to preserve affordability and protect residents' rights.

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    Document type: Fact sheet

    Regions: United States
  • The Healthy Energy Homes Network Directory is a database of resources for Indigenous communities and supporting organizations. It lists Canada-wide initiatives and province- or territory-specific programs focused on affordable housing, energy efficiency retrofits, clean energy transitions, and health-related home improvements such as radon mitigation.

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    Document type: Guide

    Regions: Canada
  • The report advocates for 'Healthy Energy Homes'—housing that is energy efficient, climate resilient, and supports inhabitant well-being—as a way to simultaneously improve Indigenous health outcomes and contribute to Canada's net zero goals. It argues that current government approaches are fragmented and siloed, failing to value the long-term health costs and emissions associated with inadequate housing. The authors recommend a shift toward co-developed, long-term, and flexible financial partnerships between governments and Indigenous rights holders to overcome capacity constraints and ensure cultural relevance in housing solutions.

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    Document type: Executive summary

    Regions: Canada
  • FSDAi invested in the International Housing Solutions (IHS) Kenya Affordable Green Housing Fund to finance EDGE-certified homes for low- and middle-income households, targeting 4,000 homes by 2030. To drive systemic change, FSDAi mandated an Open Source Policy and funded the Centre for Affordable Housing Finance in Africa (CAHF) to lead an Open Access Initiative (OAI). This initiative collects and disseminates market intelligence on construction costs and project delivery to attract institutional capital and guide policymakers. The OAI has also enabled the tracking of six Kenyan State Department for Housing and Urban Development projects and the creation of the Nairobi Metropolitan Area Dashboard.

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    Document type: Case study

    Regions: Kenya
  • The Private Equity Stakeholder Project and a group of residents are calling on Brookfield Asset Management to implement strict standards for resident protections—including a 3% annual rent cap and the allowance of window A/C units—should it acquire Yes! Communities. The letter highlights a pattern of rent hikes and poor maintenance at Yes! Communities parks in Michigan, Florida, Tennessee, Indiana, Iowa, and Texas, and expresses concern over the management record of RHP, a previous Brookfield partner, citing issues in New York, Colorado, and North Carolina.

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    Document type: Statement

    Regions: United States
  • The report finds that rents for the lowest-cost unsubsidized market-rate housing (workforce housing) increased by 20.2% nationally between 2021 and 2025, more than double the 9.2% increase for luxury (discretionary) housing. This trend is most pronounced in the Sunbelt region, where corporate landlords, including private equity firms, target workforce housing as a low-risk, high-cash-flow investment. The document highlights a crisis of evictions and 'self-evictions' driven by these price hikes and argues that government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac facilitate this corporate takeover by providing easy financing with few tenant protections. It recommends policy interventions such as rent control, just cause eviction laws, and the adoption of investment standards for public pension funds.

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    Regions: United States
  • The Union of Concerned Scientists analyzed nearly eight million affordable homes and found that 79.1% were located in counties experiencing at least one week's worth of heat alerts in 2024. The report highlights that people of color, older adults, and individuals with disabilities are disproportionately affected due to substandard housing, the urban heat island effect, and energy insecurity. Key recommendations include increasing funding for the Low-Income Home Energy Assistance Program (LIHEAP), implementing cooling inspection standards for subsidized homes, and updating building codes to improve heat resilience.

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    Document type: Policy brief

  • The Union of Concerned Scientists analyzed the intersection of the housing crisis and extreme heat, finding that residents of affordable housing—particularly people of color, older adults, and people with disabilities—face significant risks. Analysis of 2024 heat alerts shows that the highest shares of exposed affordable housing are in the Northeast and Southeast, while Texas, California, and New York have the highest total number of exposed homes. The report advocates for increased investment in climate-resilient affordable housing and the expansion of the Low-Income Home Energy Assistance Program to improve cooling and building efficiency.

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    Document type: Report

  • The document details the expansion of private equity ownership in Michigan's housing market, specifically across manufactured home communities, apartment complexes, and student housing. It highlights a pattern of aggressive rent increases, hidden fees, and poor maintenance, while noting that state and university funds have invested billions into the firms responsible. For example, Blackstone increased average rents at its five Michigan student housing properties by 26% over three years, and Yes! Communities owns 64 parks with approximately 20,900 lots in the state.

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    Document type: Case study

    Regions: Michigan
  • The report argues that the Opportunity Zone program, created by the 2017 Tax Cuts and Jobs Act, serves as a subsidy for private equity firms rather than a tool for community redevelopment. PESP identified $16.2 billion raised for Qualified Opportunity Funds (QOFs) by approximately 200 firms, with Bridge Investment Group Holdings, CIM Group, and Griffin Capital Company among the top beneficiaries. The document details how firms profit via capital gains tax deferrals and annual management fees, often ranging from 1.25% to 2%. Case studies in Los Angeles, Atlanta, and Arizona suggest the program encourages the development of luxury housing and the displacement of low-income residents through 'substantial improvement' requirements that necessitate evictions. The report also highlights political ties between major QOF investors and the Trump administration, and criticizes the lack of federal reporting requirements to track the program's actual impact on poverty.

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    Regions: United States
  • The report examines the 'Gulch' redevelopment project in downtown Atlanta, where the city provided significant tax breaks to the LA-based private equity firm CIM Group. It highlights that CIM Group reneged on its affordable housing commitments in October 2024, opting instead to pay an $8 million fee that advocates claim was based on outdated figures. The text frames this as part of a broader pattern of private equity infiltration in Atlanta's housing market and calls for greater city official accountability in vetting corporate partners.

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    Regions: Atlanta
  • The report examines the 'Centennial Yards' (formerly the Gulch) redevelopment project in Atlanta, where the City provided nearly $2 billion in tax breaks to the LA-based private equity firm CIM Group. It highlights CIM's decision in October 2024 to renege on affordable housing promises by paying an $8.5 million 'in-lieu' fee, which critics argue is based on outdated 2017 data. The document further details CIM's controversial track record in other cities, including allegations of predatory behavior at Southern Towers in Alexandria, Virginia, and driving gentrification in the West Adams neighborhood of Los Angeles.

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    Regions: Atlanta
  • The Canadian Climate Institute warns that current land-use policies could lead to over 540,000 new homes being built in flood-risk zones and 220,000 in high-wildfire-risk areas by 2030. This trajectory could increase annual flood damages by up to $2 billion and wildfire damages by $1.1 billion. The report identifies critical gaps in provincial regulations, a lack of up-to-date risk mapping, and 'moral hazard' created by disaster assistance programs that encourage risky construction. It recommends strengthening land-use regulations, integrating risk data into housing and infrastructure funding, and mandating risk disclosure during real estate transactions.

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    Document type: Report

    Regions: Canada
  • The report argues that private equity firms prioritize high returns (at least 15%) over short timelines (3-5 years), leading to deferred maintenance and increased tenant instability. It proposes a toolkit of interventions, including rental registries with beneficial ownership disclosure, just cause eviction protections, landlord licensing with portfolio caps, and right of first refusal legislation. The document also examines federal legislative attempts to curb consolidation through tax penalties and transfer taxes, while highlighting the challenge of state preemption of local housing justice measures.

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    Regions: United States
  • The report argues that achieving a net-zero building sector is critical for China's carbon neutrality, as the sector accounted for 32 percent of the country's CO2 emissions in 2022. It outlines four primary areas for decarbonization: operational emissions, embodied carbon, new growth models through technology and market mechanisms, and equity and inclusion in affordable and rural housing. The document emphasizes that the next 5–10 years are critical for accelerating the adoption of carbon-neutral technologies to decouple emissions from the continued growth of building floor space and energy demand.

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    Document type: Report

  • The Clean Utilities for Affordable Housing instrument aims to raise USD 54 million (ZAR 976 million) to provide renewable energy as a service to affordable housing residents in South Africa. By partnering with major landlords to aggregate demand and using a catalytic subordinated funding vehicle to derisk investments, the model attracts commercial senior debt to fund solar installations. The first phase targets 28,000 housing units over five years, aiming to generate 1,352 GWh of renewable energy and avoid 1,369 ktCO2e. The instrument is designed to be financially sustainable, with a projected Fund internal rate of return (IRR) of 20-30% in the base case, and intends to expand into township retail and the Kenyan market.

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    Document type: Report

    Regions: South Africa
  • The report details how Alden Global Capital, a hedge fund known for stripping local newspapers, has expanded into manufactured housing. Through its affiliate Homes of America, the firm has acquired over 10,000 lots in 138 parks across 17 states, spending over $275 million. The document argues that Alden employs a 'strip and flip' model, characterized by aggressive rent increases, high eviction rates, and the neglect of property maintenance to maximize profits. It highlights specific cases of resident displacement and financial abuse, particularly in Florida, and calls for state and federal policy interventions to protect vulnerable residents.

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    Regions: United States
  • The document discusses the challenges of decarbonizing existing buildings in the US and details RMI's work in Massachusetts using 'lighthouse projects' to create a scalable, equitable market for energy retrofits in affordable housing.

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    Document type: Report

    Regions: Massachusetts
  • The Private Equity Stakeholder Project (PESP) argues that private equity firms are aggressively acquiring manufactured home parks in the U.S., utilizing a business model that increases rents and fees to maximize profits at the expense of vulnerable, low-income residents. PESP highlights that Fannie Mae and Freddie Mac have financed 49% of private equity-owned parks identified in their tracker, despite financing only 9% of all U.S. manufactured home parks. The document details numerous instances of poor living conditions, rent hikes, and predatory practices by firms such as Carlyle Group, Blackstone, and Havenpark. PESP supports the Enterprises' 2025-2027 Duty to Serve Plans, particularly objectives that promote resident-owned communities, tenant lease protections, and affordability restrictions.

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    Document type: Statement

    Regions: United States
Showing 1–20 of 90 documents