The housing policy that's turning back gentrification

A "right-to-purchase" policy has enabled nonprofits to purchase residential buildings in gentrified neighborhoods in order to prevent the displacement of those relying on rent-controlled housing. Mission Economic Development Agency (MEDA) is a Bay Area nonprofit leading the cause to counter gentrification and prevent developers from purchasing residential buildings that house low and moderate-income households. MEDA has purchased and managed 32 buildings and is one of fewer than 10 nonprofits in the area that exercise the "right-to-purchase" policy.

Related Stories