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SF tenants seek to avoid eviction through a land trust

May 12, 2015

by Tim Redmond : 48hills – excerpt

Rally focuses on ways to take housing out of the private market — starting on Folsom Street

MAY 6, 2015 – Long-term residents of a Folsom Street building, all of whom have been active in San Francisco arts, culture, and politics, rallied outside their homes yesterday in an effort both to encourage the property owner to sell to the San Francisco Community Land Trust – and to discourage speculators from bidding on the property.

In some ways, it’s a classic San Francisco situation, and in some ways, it’s tragic: The landlord, an older woman who by all accounts was close to her tenants, was put under court conservatorship in 2013, meaning that she no longer controls her own financial assets.

She has been moved from the house, where the tenants helped feed and care for her, to an assisted living facility – and the trust that now controls the property has put it up for sale…

The Land Trust, a community-based group that is able to leverage loans and city grants to buy property and take it forever out of the private market, wants to buy the Folsom Street place and has put in an offer at $2 million, Chris Carlsson, one of the tenants, told me.

That would preserve the place as affordable housing forever – not just for the current residents but for future tenants…(more)

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One Comment leave one →
  1. holeshothunter permalink
    May 12, 2015 10:18 am

    Why doesn’t everyone do it the way they used to do it in the early 1900’s?
    The man must give you 90 days time once the tenant is served with the eviction notice before the cops move you out . Let the pigs come, carry all of your stuff into the street, then all the neighbors get together after the pigs piss off, and carry it right back in again, which re-starts the clock at 90 days plus the preparation and filing of paperwork, and serving it again…

    Like

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