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The Small Business Anti-Displacement Network (SBAN) is combating conditions that make BIPOC- and immigrant-owned small businesses vulnerable to displacement.
Strategy Spotlight:
Commercial Preservation
PROTECTING LEGACY BUSINESSES IN SAN FRANCISCO
The legacy business program in San Francisco is the first of its kind in the country to support and protect the city’s long-standing businesses and nonprofits.
In response to the skyrocketing rents, property values, development pressures, and evictions affecting local businesses, nonprofits, and other cultural institutions, the nonprofit group San Francisco Heritage co-authored legislation that established the first Legacy Business Registry in the nation, unanimously approved by the city council of San Francisco in 2015.
The program provides businesses on the registry with annual grants of $500 per employee and an annual $4.50 per sq. foot grant to property owners who extend ten-year leases to tenants. Annual grants are up to $50,000 per business and $22,500 for property owners. Since its inception, the program has helped more than 230 businesses and nonprofits.