DBR-
A Miami lawyer’s efforts to rectify and bring attention to the city’s affordable housing crisis are beginning to be noticed by public officials around the country.
Kelly King, who serves as council chairwoman in Hawaii’s County of Maui, has publicly expressed interest in retaining foreclosure defense attorney Bruce Jacobs in her own municipality’s efforts to hold banking institutions accountable for issuing predatory loans and causing an upsurge in foreclosures. On Thursday King sent a letter to Miami Commissioner Ken Russell commending Jacobs’ work as well as the city of Miami’s legal actions against Bank of America and Wells Fargo.
“Your efforts have helped local governments across the United States address issues relating to housing in their communities,” King wrote. She also cited Jacobs and Miami’s collaboration in the creation of a public fund dedicated toward affordable housing. As outlined in the city’s resolution establishing the Foreclosure Sanctions Affordable Housing Trust Fund, money for the account will be supplied by sanctions and awards granted to Jacobs against money lenders or their attorneys in foreclosure cases.
King’s letter referenced Maui County’s own legal scuffles with Bank of America and included a draft for a resolution forming a public fund similar to the one engineered by Jacobs and Miami.
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