Sean Hannity Defends Investments in Low-Income Housing

Fox News

Sean Hannity came out swinging Monday, defending his real estate empire and saying that his investment in low-income housing was more than his liberal critics had ever done to help disadvantaged communities.

“It is ironic that I am being attacked for investing my personal money in communities that badly need such investment and in which, I am sure, those attacking me have not invested their money,” said Hannity in a statement posted to his blog.

“The fact is, these are investments that I do not individually select, control, or know the details about; except that obviously I believe in putting my money to work in communities that otherwise struggle to receive such support.”

Also Read: A Year After Bill O'Reilly Exit, Fox News' 8 O'Clock Ratings Are Down - But Up From Pre-Trump Years

Hannity also swatted back news that he had received jumbo mortgage guarantees from HUD, saying he had no personal knowledge or involvement.

“I have never discussed with anybody at HUD the original loans that were obtained in the Obama years, nor the subsequent refinance of such loans, as they are a private matter. I had no role in, or responsibility for, any HUD involvement in any of these investments,” said Hannity.

On Sunday, The Guardian revealed that Hannity had spent the last decade investing heavily in real estate in the United States, using a series of shell companies to amass more than 870 homes across the country. Many were in low-income neighborhoods, which Hannity’s companies purchased out of foreclosure.

Also Read: Hannity's Desire for Michael Cohen's Real Estate Advice Explained

Hannity is facing growing scrutiny over his legal involvement with Trump attorney Michael Cohen. Earlier this month Cohen’s Manhattan apartment and offices were raided by the FBI for reasons which still remain mysterious. Hannity was outed as a Cohen client after a federal judge forced the disclosure two weeks ago.

The Evolution of Roger Ailes, From 'The Mike Douglas Show' to Fox News Innovator (Photos)

The television executive has evolved from producing a talk-variety show to running one of the biggest satellite news television channel in the U.S.
Fox News
Born and raised in Ohio, Roger Ailes attended Ohio University as a young man, majoring in radio and television. During his time there, he served as station manager for the university's WOUB radio for two years.
Ohio University
Ailes worked his way up to executive producer on the syndicated daytime talk show "The Mike Douglas Show," which began as a local program in Cleveland before expanding nationwide.
Westinghouse Broadcasting Company
In 1968, Ailes got an Emmy nod when "The Mike Douglas Show" was nominated for Outstanding Achievement in Daytime Programming, ultimately losing to NBC's "Today" show.
After first meeting Richard Nixon on the set of "The Mike Douglas Show," Ailes was hired by the then-presidential candidate to be his media advisor during the campaign, which marked his first professional foray into politics.
Ailes continued consulting on presidential campaigns, serving as media consultant for three successful Republicans: Nixon, Ronald Reagan and George H.W. Bush.
Ailes produced the famous "revolving door" ad for Bush, which painted Democratic nominee Michael Dukakis as soft on crime. The piece was widely regarded as the most influential ad of the political cycle.
In 1988, Ailes co-authored a self-help book with Jon Kraushar. "You Are the Message" shared Ailes' tips for effective communication and public performances.
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In 1992, Ailes served as executive producer on a syndicated late-night talk show hosted by right-wing radio host Rush Limbaugh, which ran for four years before coming to an end in 1996.
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Ailes was named president of CNBC in 1993, where he launched the new cable network America's Talking, which was shut down and replaced with future Fox News competitor MSNBC.
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Media mogul Rupert Murdoch hired Ailes to serve as founding CEO and Chariman of the Fox News Channel in 1996, which soon grew to become the most popular cable news network in the country.
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In 2016, Ailes was accused of sexual harassment by ousted Fox News host Gretchen Carlson. In July, Carlson filed a lawsuit against Ailes, claiming years of inappropriate behavior and sexual advances.
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On July 20, 2016, Ailes was forced to resign from Fox News amid the growing outcry over the sexual harassment allegations.
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Ailes died on May 18, 2017 at age 77.

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Roger Ailes, who died Thursday at age 77, began as a producer on a daytime show and went on to become a willy successful cable news network boss

The television executive has evolved from producing a talk-variety show to running one of the biggest satellite news television channel in the U.S.

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The Evolution of Roger Ailes, From 'The Mike Douglas Show' to Fox News Innovator (Photos)

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