By NCBA CLUSA

Excerpt: In a unanimous vote last week, the Santa Clara City Council adopted recommendations put forward by the Committee on Economic Development, Communications and Marketing to advance worker cooperative development in the community. The motion to move the worker co-op effort forward was led by Santa Clara Mayor Lisa Gillmor.

Read the full article here.

(Originally published November 5, 2019.)

From the Office of Berkeley Mayor Jesse Arreguin

BERKELEY, CA (September 25, 2019) — 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 a unanimous vote of the Berkeley City Council last night revising the RLF policy. This will help the workers acquire and democratically own and operate the business, keeping it rooted in Berkeley and elevating the jobs and wealth-building opportunities provided to its employees.

“Worker cooperatives are an essential part of our city’s economy and by helping lift them up we can develop new opportunities to promote these unique Berkeley institutions” said Mayor Jesse Arreguín. Arreguín has long championed worker cooperatives, introducing a package of reforms in 2016 as a Councilmember to promote and support worker cooperatives.

Guest Post by Samira Seraji, Third-Year Law Student at UC Berkeley School of Law

Dozens of community lawyers and organizers joined the Sustainable Economies Law Center on Friday, October 11 for their 2nd Annual Social Enterprise Law MCLE Seminar. Nearly 100 participants, including lawyers and non-lawyers, attended the day-long event, which capped the Law Center’s #PeoplePoweredLaw fundraising campaign.

Janelle Orsi, Executive Director of the Law Center, presenting at the 2nd Annual Social Enterprise Law Seminar.

by James Rainey, Los Angeles Times

Excerpt: “Part of what we will need to turn things around in this world is to have people become really dedicated and affectionate land stewards,” said Janelle Orsi, founder and executive director of the Sustainable Economies Law Center.

Orsi’s public interest firm is crafting the “justice easements” to lock in affordability. Like agricultural easements designed to preserve farmland, the justice easements will designate housing as the only appropriate land use, with an additional requirement — that future rent increases be limited to, for instance, hikes in the consumer price index.

Read the full article here.

(Originally published October 21, 2019.)

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 to access loan funding due to the requirement that a single member, or all members, provide a personal guarantee for the full amount of the loan, for the life of the loan. Such a requirement is not compatible with a collective ownership structure, where no single member owns a majority of the assets, where members may come and go more frequently than conventional business owners, and where members often come from disadvantaged backgrounds.

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 a unanimous vote of the Berkeley City Council last night revising the RLF policy. This will help the workers acquire and democratically own and operate the business, keeping it rooted in Berkeley and elevating the jobs and wealth-building opportunities provided to its employees.

...The Sustainable Economies Law Center (SELC) worked with Berkeley’s Office of Economic Development on the latest proposal. This comes after a report by Project Equity revealed that half of business owners in the United States are considering transitioning within the next five years, with 85% having no succession plan, and a third planning to close down altogether.

“The changes the Council have adopted will make it possible for more workers to become owners of the companies they helped build, elevating the quality of their jobs and saving businesses from closure” said Sara Stephens, Housing and Cooperatives Attorney for the SELC. “These amendments will certainly prove widely influential, as cities around the country are looking to Berkeley as a model for how cities can prioritize worker cooperatives and more equitable local economies."

Read the full article here.

(Originally published September 26, 2019.)

By Zach Haber, Post News Group

Excerpt: 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 take land and housing permanently off the speculative market,” said EB PREC’s Executive Director and third-generation West Oakland resident Noni Session. She, along with six other local residents, form the Black led and POC majority staff of EB PREC, and the growing cooperative currently has more than 125 other non-staff members including resident owners and investors.

In an interview with The Oakland Post, Session explained how EB PREC is replacing landlords with resident owners and investors who are driven by the desire to sustain the community as opposed to make money.

Read the full article here.

(Originally published September 19, 2019.)

Excerpt: “Community control of land” sounds straightforward, but in practice it can be limited, fleeting, or difficult to achieve due to high property costs and the social, legal, and financial challenges of collectivizing property ownership.

Recognizing these challenges with independent housing cooperatives and the shortcomings of the CLT model, new visionaries are developing community-funded models for land ownership, like the East Bay Permanent Real Estate Cooperative and the Community Land Cooperative in development by Ecovillagers Alliance.

Read the full article here.

(Originally published August 30, 2019.)

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 step-by-step guide to running for office. Fun fact: you only need 50 people to sign a nomination petition to run for City Council! 

Check out the recording below to get the tea on:

• How to secure endorsements,
• Exclusive tips on campaign marketing, fundraising, and outreach, 
• How to handle horrors of campaign management like a seasoned pro.

By Erin Baldassari, The Mercury News

Tia, right, and Chris Taruc-Myers, prepare breakfast at home in Oakland, Calif., on Tuesday, Aug. 20, 2019. The married couple along with other residents in the rent controlled building they live in worked with the East Bay Permanent Real Estate Cooperative to purchase the property, after their landlord decided to sell.

Excerpt: 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 on a lot of people, a new model for investment and some innovative partnerships. But in turning a novel concept for developing affordable properties into a reality, the East Bay Permanent Real Estate Cooperative joined a growing number of organizations in the Bay Area challenging the status quo of the region’s skyrocketing housing costs.

The cooperative, called East Bay PREC for short, shares the same goals as many housing cooperatives and community and trusts:  acquiring and maintaining properties as permanently affordable homes and businesses. But the for-profit company isn’t either a cooperative or a trust. It’s a combination of multiple existing models for investment and ownership all rolled together.

Read the full article here.

(Originally published August 25, 2019.)

On July 29th, 2019, Sustainable Economies Law Center's Summer interns and a few staff embarked on our annual Solidarity Economies Tour! The Solidarity Economies Tour is a one day adventure where Summer interns of the Law Center visit cooperatives, land trusts, urban farms, and other spaces in the Bay Area that are the seeds of an economy we are trying to cultivate through our work; an economy built community resilience and grassroots economic empowerment.

“[Santa Clara is] the Center of What’s Possible, so Let’s Make [Coops] Possible” - Councilmember Debi Davis 

On Tuesday night, over fifty coop members and supporters from all over the Bay Area gathered for a learning session requested by the Santa Clara City Council who later unanimously voted to support the development of worker cooperatives in their city! It was standing room only in the council chambers as a result of Kirk and Marguerite Vartan’s dedication and energy to get this session on the council’s agenda as well as partner and support organizations from across the South Bay. Kirk Vartan is the Founder and General Manager of A Slice of New York, a pizza shop that converted to a worker-owned coop nearly two years ago. Vartan created an impressive and engaging line up of speakers including Hillary Abell of Project Equity, our own Ricardo Samir Nuñez, Sue Lopez, a baker of 19 years from the Arizmendi Bakeries, and Rendell (Ren) Boguiren, a founding member and the board secretary of A Slice of New York pizzeria.

By Sophia Leswing, Law Center Summer 2019 Intern

What does it mean to invest with a reparations lens?

As a UC Berkeley undergraduate student minoring in Public Policy and passionate about racial justice, I frequently peruse the Haas Institute for a Fair and Inclusive Society website for the latest research on inequity and policies. Last year, I stumbled upon Richard Rothstein’s book: The Color of Law: A Forgotten History of How Our Government Segregated America, which outlines a history of both de facto and de jure government-sponsored racial disenfranchisement in the United States that has resulted in the staggering wealth gap between whites and blacks today. I found the book to be extremely compelling and deeply disturbing. I felt that if politicians [*cough cough* Mitch McConnell] today would only read this book in tandem with Ta-Nehisi Coates’ “The Case for Reparations”, they’d without a doubt understand the need for reparations. 

I’ve become frustrated with the inaction to explore reparations at the national political scale, so I was very energized to hear about people pursuing reparations through their own personal investing habits.

How can we apply our retirement savings to nurture the communities and planet where we plan to retire? 

We are thrilled to announce the launch of TheNextEgg.org, a community of people learning to self-direct their retirement savings into investments that repair injustices, sequester carbon, nurture local enterprises, and create a world that will sustain us into retirement and for generations to come.

The Next Egg is a project co-stewarded by Sustainable Economies Law Center, LIFT Economy, and author Michael Shuman. 

Part of our blog series where our Summer Interns introduce themselves to our communities.

By Tracy Bindel, Law Center Summer 2019 Law Clerk

My name is Tracy Bindel and I grew up in a large family in rural New Mexico. I'm currently a night school student at Suffolk University Law School in Boston, MA where I am studying to become a Cooperative Lawyer. During the day, I am a Spiritual Director working to support white people spiritually who are waking up to their whiteness through a collective called Freedom Beyond. My dad, a long time IBEW (International Brotherhood of Electrical Workers) member, instilled in me and my brothers the importance of valuing labor from a very young age. His influence and growing up near two family farms roots me in the wisdom that people and our planet are always more important than programs or profit. This wisdom has guided me throughout my life and even to intern at the Law Center this summer.