Judicial Watch • Obama Advisor Valerie Jarrett Linked to Real Estate Scandals

Obama Advisor Valerie Jarrett Linked to Real Estate Scandals

Obama Advisor Valerie Jarrett Linked to Real Estate Scandals

NOVEMBER 14, 2008

Judicial Watch, the public interest group that investigates and prosecutes government corruption, announced today that it has obtained documents linking Valerie Jarrett, an advisor to Barack Obama and the co-chairman of the President-Elect’s transition team, to a series of real estate scandals, including several housing projects operated by convicted felon and Obama fundraiser/friend Antoin "Tony" Rezko.

According to the documents obtained by Judicial Watch from the Illinois Secretary of State, Valerie Jarrett served as a board member for several organizations that provided funding and support for Chicago housing projects operated by real estate developers and Obama financial backers Rezko and Allison Davis. (Davis is also Obama’s former boss.) Jarrett was a member of the Board of Directors for the Woodlawn Preservation and Investment Corporation along with several Davis and Rezko associates, as well as the Fund for Community Redevelopment and Revitalization, an organization that worked with Rezko and Davis.

(According to press reports, housing projects operated by Davis and Rezko have been substandard and beset with code violations. The Chicago Sun Times reported that one Rezko-managed housing project was "riddled with problems — including squalid living conditions…lack of heat, squatters and drug dealers.")

As Chief Executive Officer of the Habitat Company Jarrett also managed a controversial housing project located in Obama’s former state senate district called Grove Parc Plaza. According to the Boston Globe the housing complex was considered "uninhabitable by unfixed problems, such as collapsed roofs and fire damage…In 2006, federal inspectors graded the condition of the complex an 11 on a 100-point scale — a score so bad the buildings now face demolition." Ms. Jarrett refused to comment to the Globe on the conditions of the complex.

"Like Barack Obama, Valerie Jarrett is a product of the corrupt Chicago political machine. And it is no stretch to say that she was a slumlord," said Judicial Watch President Tom Fitton. "We have real concerns about Jarrett’s ethics. Washington already has plenty of corruption. We don’t need to import more of it from Chicago."

Characterized as "the other side of Barack Obama’s brain" by CBS News, Jarrett first met the Obamas seventeen years ago when she offered Michelle Obama a job. While speculation has arisen that Jarrett could take Obama’s place in the U.S. Senate, the New York Times reported that it is more likely she will become a senior White House adviser, thus continuing her long record of being an important influence and mentor to Barack and Michelle Obama.

Visit www.judicialwatch.org to access the Valerie Jarrett documents.

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  • Y waller

    Patrick Capital Group is a Luxury real estate investment and development firm based in Downtown Chicago, IL.
    Patrick Capital Group Managing Principal is Orlando Patrick.

  • Ken Martin

    She ignores Fair Housing laws? Maybe that’s wher eObama gets his habit of ignoring laws.

  • Ken Martin

    She is acting as president, Obama is just a front man. All these people should be behind bars.

  • StarTripper

    Jarrett is the true power in the White House and has been since Obama was sworn in. Valerie will do all the hard work like coordinating with protest groups in Ferguson, MO so The One can get in his golf and fund raising gigs.

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  • FinaBiscotti

    The VIOLENCE in Chicago – at the time that The Obamas as Party Animals – made use of THREE US Govt. Aircrafts for their friends, family and associates – to travel to Denmark – to lobby for the Olympics in Chicago.

    It was also exposed at that time of Obama’s White House Advisor Valerie Jarret as Queen of the SLUMLORDS – allowing the housing projects that she owns – to deteriorate, having people live in squalor conditions – because Jarret intended to build the stadium for the Olympics on the property of the housing projects.

    Valerie Jarret had a purpose for the deteriorating conditions of her housing projects – that she planned to have condemned as a “quick-fix” to building the stadium on the property of her housing projects.

    In the exploitation of the inner city poor, blacks and minorities, Obama has no concern that Valerie Jarret receives rent subsidies from the federal government – that she has been “pocketing” for YEARS – ignores FAIR HOUSING laws – when as a Slumlord Valerie Jarret fails to provide housing Free of vices and defects – forcing the inner city poor, blacks and minorities to live in squalor conditions – while Obama turns a blind eye to Valerie Jarret DEFRAUDING the federal government.

    Valerie Jarret should be PROSECUTED for choosing to be a SLUMLORD –
    and prosecuted for “pocketing” the rent subsidies.

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