Do You Wish You Could Buy Your Home?
Update: Thursday March 18 is now the day TOPA will be before the City Council’s Land Use, Housing & Economic Development Committee at 10:30AM.
This Thursday, the Berkeley City Council’s Land Use Committee will hold a final hearing on The Tenant Opportunity to Purchase Act (TOPA). Now is the time to get involved!
ACTION: Write to PolicyCommittee@cityofberkeley.info today to express your support. “I stand with the Berkeley Tenants Union in expressing enthusiasm for the Tenant Opportunity to Purchase Act.”
If all goes as planned, the City Council will vote on this at their April 20th meeting.
Berkeley’s TOPA is the first ordinance of its kind in the state of California, but other places have tried this model – and it works! Washington DC passed a similar law in 2002; that law has preserved over 3500 units of affordable housing in the capital.
The desperate opposition is hyperbolically claiming TOPA will “seize your private property.” While for those without property, that may not seem like a bad idea – it’s just not true! The new law would just give renters AN OPTION to pay market price before their homes are sold to a new landlord. But it also SETS UP HELP for a group of renters to buy, including the opportunity to work with affordable housing groups who may fund some of the cost, and access to special loans.
As BTU member and Berkeley leader Igor Tregub put it, TOPA “reflects core Berkeley values such as cooperative ownership, democratic control, and the empowerment of underserved communities.” It is supported by Mayor Arreguin, and the East Bay Community Law Center has done substantial work shepherding the law through its five-year process to this point – where we almost have it!
ACTION: Give public comment at the March 4th hearing via Zoom!
When: Thursday, March 4, 10:30am
Where: Land Use, Housing & Economic Development Meeting – The Zoom link will be posted on this web page.
Read the draft of the law by opening the agenda when it is posted tonight: https://tinyurl.com/1myw6260
You can also let your neighbors know that you support TOPA by requesting a window or lawn sign, just email email@example.com to request your signs today.