Tenants Organize to Keep Building Affordable Through Nonprofit Purchase


Affordable housing in San Francisco is becoming more and more unattainable. When the landlord tried to change its status to not be rent-controlled to not, a group of residents at said building banded together with a nonprofit to preserve the building. A nonprofit, the Mission Economic Development Agency, bought the property from the landlord so that its residents could maintain their rent in a very expensive city. Organizations like MEDA are key to helping the city and its residents transition over time to ownership.

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