July 24, 2020 – Frank Lopez of the Business Journal writes about AB 1703, a bill that prevents home losses to the speculative market by giving tenants and community organizations the right to make first offers on renter-occupied homes and apartments. Policy Advocate Michelle Pariset is quoted in the story:
“Mass displacement during the Great Recession disproportionately impacted Black communities and people of color. This was never acceptable, and it cannot be allowed to happen now during the COVID-19 pandemic. Californians deserve safe, stable, and affordable homes. We must stop mass displacement, move more homes into community ownership, and support nonprofit power building. We cannot continue with business as usual and allow our communities to be gobbled up by speculators.”
Click here to read the article.
