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Amanda Velasco

By Amanda Velasco

Nov. 21, 2024 1:39 p.m.

Monica Martinez, a member of the AFSCME Local 3299 bargaining team, said one of the union’s demands is more affordable housing for UC workers. Martinez criticized the UC’s investments in Blackstone, a private equity firm, saying it contributes to the spike in local rent prices.

“The University of California invested $7 billion of my pension fund to Blackstone,” Martinez said. “Take those $7 billion and invest it to actually build housing for the people that work here for you, which they do for upper management and staff and faculty and CEOs.”

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Amanda Velasco | News editor
Velasco is the 2026-27 News editor and an Enterprise, Photo, PRIME and Quad contributor. She was previously the 2025-26 features and student life editor. Velasco is a third-year public affairs student from Manila, Phillippines.
Velasco is the 2026-27 News editor and an Enterprise, Photo, PRIME and Quad contributor. She was previously the 2025-26 features and student life editor. Velasco is a third-year public affairs student from Manila, Phillippines.
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