Blog

Berkeley City Council adopts creative personal guarantee mechanism for loans to cooperatives

Berkeley City Council adopts creative personal guarantee mechanism for loans to cooperatives

By Sara Stephens, Law Center Staff Attorney Last Tuesday, the Berkeley City Council unanimously approved amendments to its Revolving Loan Fund (“RLF”) Administrative Plan, recommended by the Sustainable Economies Law Center (“Law Center”). Perhaps most critical was a set of changes to the personal guarantee requirement. Cooperatives are often unable... Continue Reading

Berkeley Approves New Financial Opportunities to Promote Worker Cooperatives

From the Office of Mayor Jesse Arreguin (Berkeley, CA) – Businesses that are at risk of closure because their owner is retiring or putting the business up for sale are now eligible for the City’s Revolving Loan Fund (RLF) for the purpose of converting them into worker cooperatives, thanks to... Continue Reading

EB PREC’s Plan to Replace Landlords With Communal Ownership

By Zach Haber, Post News Group The East Bay Permanent Real Estate Cooperative (EB PREC) is working to keep Black, indigenous, people of color and allied communities in the East Bay by communally purchasing and sustaining land and housing with local residents. “The critical part of our project is that we... Continue Reading

How to Run for Oakland City Council

How to Run for Oakland City Council

By Tia Katrina Taruc-Myers, Law Center Director of Legal Education Earlier this month, we hosted a Policy Cafe and Teach-In about How to Run for Oakland City Council. Mari Rose Taruc and Noni Session shared their experiences running political campaigns for Oakland City Council seats, and the Law Center provided a... Continue Reading

People power: A growing number of groups are flipping the Bay Area’s insane housing market on its head

People power: A growing number of groups are flipping the Bay Area’s insane housing market on its head

By Erin Baldassari, The Mercury News In less than a year, a nascent Oakland organization grew from a small staff with some bright ideas and a website into group that is stewarding two properties for permanently affordable housing, with plans to soon acquire a third. How did they do it? By relying... Continue Reading

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