Join the LISC Institute for Community Power, LISC Bay Area, Oakland Community Land Trust, and San Francisco Community Land Trust for a conversation on how to build power and secure resources to expand tenant and community control of housing! From the Bronx to the Bay Area, tenants are organizing to buy their buildings to fight displacement, preserve affordability, and improve housing quality, often in partnership with community land trusts (CLTs). Early this year, tenants at 285 Turk Street in the Tenderloin neighborhood of San Francisco made headlines with the San Francisco CLT when they closed on their 40-unit building after a powerful organizing campaign. More recently, the residents of 1534 29th Avenue in the Fruitvale neighborhood of Oakland saw the results of more than two years of organizing when Oakland CLT closed an acquisition of their building. Both acquisitions received low-cost financing via LISC Bay Area and the Partnership for the Bay’s Future.
This webinar will focus on the role of CLTs in these acquisitions, and the combination of financing sources that made them possible. Panelists will reflect on the partnerships, local policies, loan terms, and private fundraising strategies that helped tenants win control of their housing. This session is relevant for tenants, organizers, local governments, lenders, and funders interested in supporting community ownership as a critical tool for building community power and advancing racial justice. Please feel free to invite your partners and share with your networks!
- Julia Duranti-Martínez, LISC Community Research and Impact
- Cindy Wu, LISC Bay Area
- Saki Bailey, San Francisco CLT
- Steve King, Oakland CLT
- Sally Smyth, LISC Bay Area