Roaches. Bedbugs. “Slum-like” conditions.
That’s what the Los Angeles Times found tenants complaining about when it did a deep dive into a property owned by Michael Weinstein’s AIDS Health Foundation, the “nonprofit” that plans another rent control measure for the November ballot. AHF, a de facto drug company that generates $1.4 billion per year in revenue, once again is showing that it’s more interested in politics than providing and advocating for affordable housing for Californians.”
Reporter Gale Holland reports:.
“When the AIDS Healthcare Foundation began acquiring aging, single-occupancy hotels on skid row three years ago, its president, Michael Weinstein, lambasted L.A.’s handling of the homelessness crisis and boasted that he could house people at a fraction of the cost.
“Some questioned why the nonprofit powerhouse, which operates 64 outpatient healthcare centers and 48 pharmacies in 15 states, was jumping into housing at the same time it was tangling with the city over “mega-developments” near its Hollywood headquarters…
“But now, questions are arising about whether the foundation has gotten in over its head. Tenants at the Madison Hotel on 7th Street on skid row, the first single-occupancy — or “residential” — hotel in its growing housing empire have filed a lawsuit accusing the foundation of allowing slum-like conditions to fester at the aging 220-unit building.
“The suit filed on Wednesday cites persistent mold, as well as bedbug and roach infestations, and plumbing and electricity problems. One of the most serious accusations involves the elevator, which has been out of order for nine months, tenants say, forcing elderly and disabled renters to labor up to five floors on foot.”