Tenants and housing activists are celebrating the end of one of the longest rent strikes in Oakland's history.
The owner of a 14-unit building has sold to a non-profit, in a deal that will keep it affordable housing and give long-time renters their chance at the American Dream of home ownership.
"I'm going to have to go somewhere under the freeway or a bridge," he said in a 2019 interview. "And there is no more place for us. All those places are already full of people."On Saturday, they were decorating for a community party. The rent strike was over. After years of resistance, the owner has officially sold the building to the Oakland Community Land Trust for $3.3 million -- money generated by voter-approved Measure KK.
There is a growing movement toward laws that give tenants or non-profits the first right to buy rental properties when they're put up for sale. They're called"opportunity to purchase" acts and are being considered in San Jose, Oakland and Berkeley.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Oakland residents win longest rent strike in city's history, push landlord to sell propertyAfter a six-year battle and almost two-and-a-half years of not paying rent, the tenants at a 14-unit Oakland building claimed victory over their landlord. Instead of tenants getting evicted, their landlord is no longer involved.
Baca lebih lajut »
Sony lowers forecast for PS5 gaming sales in 2022 | EngadgetAt the end of its fiscal year in May, Sony was fairly bullish on gaming sales, predicting sales of 18 million PlayStation 5s for 2022 after selling 11.5 million in 2021.
Baca lebih lajut »
HFPA Acquired By Eldridge Industries, Size and Diversity of Golden Globes Voting Pool Expected to GrowThe embattled group becomes a for-profit entity that would operate the Golden Globes, while spinning off its charitable efforts into a separate non-profit organization.
Baca lebih lajut »
Ripple Named Among Top Corporate Philanthropists in Bay AreaThe San Francisco Business Times has ranked both for-profit companies and non-profit organizations by their health contributions
Baca lebih lajut »
Skyrocketing rents pain tenants as inflation risesRent hikes amid inflation risk pushing low-income tenants out of the market for housing.
Baca lebih lajut »
Man allegedly scammed out of $3,200 trying to rent Long Beach condoMan scammed out of $3,200 in Long Beach condo scheme; here are red flags you can look for when renting property in LA area
Baca lebih lajut »