A COMMITMENT THAT TOGETHER WE CAN SUPPORT LEGACY RESIDENTS, REDUCE DISPLACEMENT AND FIGHT GENTRIFICATION
When you see a "We Buy Houses in Cash" sign take it down. Most of the time the signs are in areas where they are illegally posted. These signs are often placed by real estate professionals who are looking to provide low ball offers to vulnerable home owners.
SELL YOUR HOME WITH GOOD INTENTIONS
When selling your home think of the next family. This strategy is a combination of better understanding whose buying your home, not selling to predatory investors and spreading the word on the history of your community.
1. Don't take the highest offer, if your profit goal is met.
2. Accept offers using FHA financing
3. Think of paying closing cost
4. Sell to a family
5. Give a portion of proceeds to a housing advocacy organization
SUPPORT LOCAL HOUSING ORGANIZATIONS
The Richmond area has great local non-profits that are working at preserving and creating affordable housing. Learn about these organizations and think of offering financial support.
USE YOUR GAINS TO CREATE WORKFORCE HOUSING
Buy it so an investor can't! If you bought a home in the Richmond area over the past few years you have benefited from the rapid gentrification. Take some of those financial gains and buy another home. Become a responsible landlord or prepare to sell that home to a family looking to enter into home ownership
PAY ATTENTION TO THE CONDITION OF YOUR NEIGHBORS HOME
At time home owners may find themselves struggling to maintain their properties. If you have a neighbor whose home is in need of repair and basic maintenance, reach out to them. If you are unable to support them contact a housing organization. Homeowners whose homes lack upkeep are prime targets for predatory investors who are looking to steal equity.
APPLY PRESSURE, APPLY PRESSURE + APPLY MORE PRESSURE
Contact your local council member and other city officials. Hold them accountable for their actions/inactions that have contributed to the ongoing threat to affordable housing. Get them to commit to directly addressing the current housing crisis in Richmond