Monday, September 17, at the Darlington Apartment Complex in Buckhead tenants and community allies held a rally to shine a light on their inhumane treatment by landlord Trace McCreary of Varden Capital Properties who purchased the longtime affordable complex a year ago.
At the time of the purchase tenants were told they would finally receive the renovations which where decades overdue only to be told in late august that they would all be forced to vacate the property indefinitely.
Since the time of the 60 day notice tenants were given in August the AC has been shut off and there have been four fires inside the complex. “There is no peace for us , days without hot water to bathe , laundry machines that destroys our clothes , & a Owner who would allow kids in this building to have to go to sleep in puddles of sweat from no Air. This is Not Fair , This is not Right , This is not Justice !” stated Darlington tenant LeBraunte Frost.
This kind of property flipping is nothing new to Varden Capital CEO Trace McCreary who apparently left Wall Street after the financial crash to focus on building wealth off the crisis the left 11 million Americans without a home. So far Varden Capital has purchased around 20k units in the South almost all of which are occupied affordable units which he then flips mostly luxury displacing current residents.
At this point residents simply want support identifying affordable housing in the communities they live and work in which has been a major challenge.
Atlanta is experiencing a perfect storm for mass displacement. With 95% of everything built since 2012 qualifying as luxury housing and a loss of 5% of affordable housing stock every year since 2012 we may be experiencing the largest displacement of long term residents in Atlanta history. “ For those of us who live in the few affordable housing available in the city we find ourselves displaced with the race for newer properties and affordable properties renovating to keep up”, stated Darlington tenant Raymond Bushby.
You can take action!
CALL THESE NUMBERS
Jennifer Eid, City Council Representive, District 6: (404) 330-6049
Matt Westmoreland, Post 2 At Large City Council: (404) 330-6302
Michael Julian Bond, Post 1 At Large City Council: (404) 330-6770
Keisha Lance Bottoms, Mayor: (404) 330-6100
“I am calling to express my great concern for the forced displacement of tenants from the Darlington. What will you be doing to ensure ALL tenants are relocated to safe, decent, affordable housing? What will be doing to ensure that this mass eviction events like this are no longer acceptable in Atlanta?”
Links tosome of yesterday's press coverage: