Well, tenants in Oakland, Berkeley, and state-wide may have this right in the near future and, through a land trust, buying your building may be a reality and not a "pipe-dream."
Berkeley's TOPA would give renters first right to buy their home. Click here for an article published by the San Francisco Chronicle that discusses TOPA, Oakland's initiative, and SB1079, a bill initiated by Senator Nancy Skinner.
Click here for more about Skinner's synopsis on SB1079 and click here.
Community land trusts can also step in to assist the tenants in acquiring the property:
Berkeley's TOPA would give renters first right to buy their home. Click here for an article published by the San Francisco Chronicle that discusses TOPA, Oakland's initiative, and SB1079, a bill initiated by Senator Nancy Skinner.
Click here for more about Skinner's synopsis on SB1079 and click here.
Community land trusts can also step in to assist the tenants in acquiring the property:
Bay Area Community Land Trust
Oakland Community Land Trust
San Francisco Community Land Trust
Bay Area Consortium of Land Trusts
See more about TOPA in Berkeley. Click here.
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