CRC Guest Blog: Families Win When Banks Stop Funding Displacement

Paulina Gonzalez, executive director at the California Reinvestment Coalition, wrote a guest blog on the Mission Economic Development Agency blog today about Ellis Act evictions, bank loans that finance these evictions, and one bank’s decision to stop providing these loans.  Take a look!

In August of 2015, community organizations and tenants in San Francisco joined together to take a stand against the banks and the role their loans are playing in financing displacement in the city. The story of this organizing victory sets the stage for holding corporate actors accountable to their communities and builds a model for public-private partnerships for the preservation of affordable rental housing…

Read the rest of the post on MEDA’s blog. 

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