IMPACT: Win-Win Transactions In the 21st Century Housing MarketIMPACT promotes housing stability. Our team has decades of experience in complex real estate transactions and tenant rights law, always working to prevent displacement and preserve affordable housing. We are agents, brokers and attorneys, preservation experts. We've closed 40+ transactions under the S.F. Small Sites Program (SSP). We helped write the Community Opportunity to Purchase Act (COPA) and SB 1079 (Calif. Civil Code § 2924m).
TENANTS - We help tenants buy their units, usually with effective bargaining. We also have experience enforcing various tenant rights to purchase, such as: rent to own agreements, installment sale contracts, options, rights of first refusal, and the right to purchase under the SF condo conversion ordinance. IMPACT represents Eligible Tenant Buyers at trustee/foreclosure sales under the new Civil Code § 2924m (SB 1079). We are also working to pass a Tenant Right to Purchase Act (TOPA) in San Francisco. AFFORDABLE HOUISNG PROVIDERS - We represent nonprofit housing providers statewide, usually Community Land Trusts or Community Development Corporations, purchasing apartment buildings for operation as permanent affordable housing. Sellers receive fair market value and tenants become secure in their housing. FORECLOSED BUILDINGS - Important rights we proposed in a recent state law gives "eligible tenant buyers," government entities, and certain nonprofits a right to purchase at the Trustee Sale (auction) price! Call or email for more information. |
"Owning my apartment makes me feel like I belong here,
and it's my home now.“ — Marcello D.
and it's my home now.“ — Marcello D.
Small Sites Preservation in the Richmond!
SF Weekly |
Small Sites Preservation in the Sunset!
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IMPACT is proud to have represented this first time home buyer family, purchasing under the S.F. Downpayment Assistance Loan Program
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Conversion to Permanent Affordable Housing
4830 Mission St.
MEDA purchased this non rent-controlled building, under the S.F. Small Sites Acquisition and Rehabilitation Program, thereby converting converting 27 market rate units to 100% Affordable Housing!
MOHCD Article SF Chronicle SF Examiner SF Bay |
Add ten units of permanently affordable housing in the Mission!
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Buy & Stay - long term tenants settle hard-fought eviction lawsuit, buying the apartment. A rare, win-win resolution.
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