Originally purchased on March 31st, 2022, by SFCLT, the four-unit building located in the heart of Russian Hill has been transformed into a haven for seniors and families who have been long-term tenants for decades. Without the intervention of SFCLT, this property would have likely been converted into luxury condos or Tenancies in Common (TICs).

The acquisition of 1130 Filbert Street marks SFCLT's first property in the Russian Hill area and is a significant milestone as the first Small Sites Program acquisition in San Francisco's Supervisorial District 2, the city's wealthiest district. 

The success of acquiring 1130 Filbert Street was made possible through the Community Opportunity to Purchase Act (COPA), granting SFCLT the first right of refusal when the property officially went on the market. 

The collaborative work of Supervisor Preston & Stefani, the Mayor's office staff, the Mayor herself, the Mayor's Office of Housing and Community Development (MOHCD), and the tenants of 1130 Filbert Street, all played a critical role in the success of transitioning the property into community ownership.