Join the Fight Against Displacement in Oakland
Tax deductible
We are reaching out for your support of CRC's Black Oakland Anti-Displacement Housing Fund. The Fund will be used to assist low-income Black residents of Oakland to purchase their homes to prevent displacement.
Once a home is purchased with assistance of the Fund, it will be permanently preserved as affordable housing for low-income Black Oaklanders through an affordable housing deed restriction recorded against the home that
will require resale to eligible low-income purchasers.
The Fund will allow assisted homebuyers to build wealth in their home but prevent real estate speculators from pricing low-income Oakland residents out of our city.
The fund is designed to address situations such as that faced by Leslie Lewis, who became a tenant in the home he was born in after his family lost ownership of the property through a predatory foreclosure. Since becoming a tenant, Mr. Lewis has had to fight 11 different eviction attempts by various speculators trying to flip the house. With assistance from the Fund and a loan from Guild Mortgage, Lewis is in the process of purchasing his life-long home.
Your generous donation to the Fund can help sustain the social fabric of Oakland. $65,000 is needed to close on Mr. Lewis' home by May 30th. Any funds raised beyond $65,000 will go into Black Oakland Anti-Displacement Housing Fund to support future campaigns.
Your donations may entitle you to a tax deduction. Please check with your tax professional.
If you would like to send a check:
Checks should be made out to Affect Real Change, with "Anti-Displacement Housing Fund" in the memo, and sent to 1431 Center Street, Unit 205, Oakland, CA 94607.
Organizer
Nicole Deane
Organizer
Oakland, CA
Affect Real Change, Inc
Beneficiary