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Join the Campaign to Hold Wall Street and Our Elected Officials Accountable

It’s time to get clear on who is willing to stand up to Wall Street and defend Main Street! Answer these questions by posting in the box below, we will be sharing our members voices with politicians in the coming months.

1. Banks Must Take Responsibility for the Foreclosure Crisis they have Created:
Will you demand that banks stop all preventable foreclosures?
Will you demand that banks reduce principal values for underwater homeowners to current market value?
Will you make sure that banks pay for blight and safety hazards caused by abandoned foreclosed properties?
Will you make sure that banks immediately pay the taxes they owe on foreclosed properties?

2. Banks Must be Stopped from Profiteering from the Crisis they created

Will you demand that banks renegotiate or cancel toxic interest rate swaps at no cost to taxpayers?

Will you demand that banks lend to cities and states at the same low interest rates they receive from the government?

3. Banks Must Invest in Our Communities and Reinvigorate the Economy they crashed

Will you demand that banks immediately increase Small Business Lending to the levels that existed prior to the economic crash?

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Wake Up Wall Street

Click here to read the report documenting the billions of dollars that Wall Street banks owe California taxpayers.

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ACCE and LA City Council Fight Blight

On Saturday, over thirty ACCE members were joined by LA City Council President Eric Garcetti, Councilmember Bernard Parks, and supporters from SEIU and One LA at a blighted vacant home in South LA to announce the city's new Foreclosure Registry Ordinance.

The law, which ACCE helped develop and build public support for, will require banks to register properties with the city after a Notice of Default has been filed, and will subject banks to a fine of up to $1000 per day for blighted foreclosed properties. ACCE members then canvassed the neighborhood to let local residents know about the new law.

LA residents are encouraged to report a blighted property by going to http://www.lahoodwinked.com/

Check out the article in the LA Times by clicking here

 

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Scores of Southern California ACCE Members Hold First-Ever Regional Membership Congress

On Saturday, June 12, over 100 ACCE leaders from LA, Orange, and San Bernardino Counties held their first-ever Regional Membership Congress to discuss the organization's development in Southern California.

Starting early in the morning at Ward AME Church in South LA, ACCE members met for almost four hours to discuss policy priorities and plan out the growth of local chapters in five major cities throughout the region. Participants - who included working-class homeowners fighting to save their homes from foreclosure, public school parents interested in improving their kids' educational opportunities, and families working to eliminate environmental pollution from their neighborhoods - rallied behind ACCE's first two statewide policy campaigns: state budget reform, and a plan to compel major banks to work more closely with homeowners struggling to avoid foreclosure. ACCE members, who launched the organization just five months ago, were encouraged to keep organizing by special guests Congresswoman Maxine Waters and Maria Elena Durazo, Executive Secretary-Treasurer of the Los Angeles County Federation of Labor. Everyone left the event feeling energized and ready to help build a movement across the state to level the playing field for low-income and working families!

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New Report Exposes Huge Loopholes in Commercial Property Tax Assessments, Costing California Hundreds of Millions in Revenue

On Thursday, May 6th ACCE and the California Tax Reform Coalition released a report that shows a huge failure in California’s tax system that is allowing commercial property owners to pay far less in property taxes than they should, causing a growing shift in the State’s property tax burden from commercial to residential property tax payers.

ACCE is working to make sure that corporations "get right", and pay the level of property taxes they should, so that our cities, counties and school districts don't continue to miss out on this much needed revenue!

"Regular Californians are watching our schools, parks, and streets crumble while California's largest banks and corporations fail to pay their fair share of taxes", said ACCE member Edgar Hilbert. "We are paying our fair share, we are only asking that they pay theirs."

Download the full report here: [System Failure: California's Loophole-
Ridden Commercial Property Tax]

 

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