San Francisco Realtors and Homeowners Support Condo Conversion

Fair warning….. this post is taken STRAIGHT from an email from the folks at Plan C, an organization of moderate voices that support San Francisco home ownership and, thus, condo conversion.
San Francisco’s condo conversion lottery requires luck, patience and nerves of steel, but Plan C and its supporters (SF Realtors and property owners to name a few) are yet again, hosting a rally supporting changes to the current condominium conversion rules that would allow TIC owners a chance at owning more than a fractional interest in their properties.
So here’s the scoop, straight from Plan C’s mouth, er, um, email:

Wednesday morning, February 2nd at 8:15AM (before the condo lottery that is scheduled to be held at 9AM),  Plan C San Francisco, in conjunction with the Small Property Owners of San Francisco, will be sponsoring a rally for Condo Conversion reform.

This is one of your primary opportunities to bring attention to the fact that City Hall has failed to support homeownership for the thousands of people that seek it as a means of solidifying their place in our community.

If you are a first-time homeowner please take the time to attend this important event! Let’s show our city’s elected leaders that those seeking housing stability through ownership are the lifeblood of our city. You are the teachers, healthcare workers, public service employees, first responders, even members of our very own Board of Supervisors that are seeking to put down roots in our community. Public policy should be helping you to stay in San Francisco not harming you.

If you are not able to attend, we encourage you to contact the Mayor and city supervisors through our website. Write a note identifying yourself and tell them your story. Tell them that you support overall reform of the completely broken condo conversion process. Tell them that your only path to homeownership was through the purchase of a TIC, but the financial stability you seek won’t fully come until you can convert your shared interest into a condominium. Tell them that as a former renter you are tired of being ignored and vilified for pursuing the American dream.

You can e-mail the Mayor and city Supervisors here. After you have written your e-mail, only click “submit” once. Although it may look like you message has not been sent, it has!


Learn More About Plan C

To learn more about Plan C visit www.plancsf.org

Luba