The People’s Preservation Fund for Land and Housing
South Bay CLT’s Fundraising Campaign
As public funding for affordable housing declines, we’re leaning even more on our community’s collective strength, especially in a region as resourced as Silicon Valley, to meet this moment.
Join us in making housing as a human right a reality through community ownership.
To celebrate the start of rehab at the 18-unit Virginian Apartments and the ongoing community work done at Reed St, South Bay Community Land Trust is re-launching the People’s Preservation Fund for Land and Housing because we believe people should have the power to shape our own neighborhoods.
With a goal of $575,000, funds will be used towards:
Support current property rehabilitation needs
Prepare for future property acquisitions
Supporting short-term/emergency solutions that prevent homelessness
Provide new permanent affordable housing faster and at lower cost than new construction
In 2022, we successfully raised over $500,000 for Reed St and exceeded our goal, we are hopeful that we can achieve the same result this time around but we need your support!
Venmo: @southbayclt | Cash App: $SouthBayCLT
Mail Contributions can be sent to:
South Bay Community Land Trust
P.O. Box 26622, San Jose, 95159
Frequently Asked Questions
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Yes your donation is tax-deductable
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Donations sent can be directed towards The People’s Preservation Fund or General Operations
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Yes! We welcome all volunteer support. Sign up on the “Our Work Page” to review the various committees we have!
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For in kind donations, please reach out to info@southbayclt.org to provide us a description of the item and we will follow up within three business days.
Please indicate on the subject line that it is an in-kind donation.
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Leaving a gift to South Bay CLT in your will or estate plan amplifies the impact you can have on protecting and sustaining the affordability and vitality of our region for future generations. See planned giving options below:
* Bequests: Bequests are easy to arrange and the bequest remains in your control. You can change your mind at any time and you can structure the bequest to leave a specific item, or amount or leave a percentage of your estate to the South Bay Community Land Trust. You are entitled to an estate tax charitable deduction for the gift’s full value. All that is needed is a few sentences in your will or trust. The 4 most common bequest options: a fixed amount of money or a designated property, percentage of the estate, a residual bequest, a double-purpose bequest.
* Retirement Assets: Naming South Bay CLT as a beneficiary of your qualified retirement plan or Individual Retirement Account allows you to direct assets tax-free (avoiding both income and estate taxes). To make an IRA charitable rollover gift or other gift of retirement assets, simply contact your plan administrator and request a direct distribution to South Bay Community Land Trust.
*Life Insurance: Life insurance designations are a simple and popular method of providing funds to beneficiaries upon your death. In your life insurance policy, you may designate beneficiaries to direct the distribution of proceeds; these proceeds are typically not transferred through your will. A nonprofit organization, such as South Bay CLT can be named the beneficiary of your life insurance policy.
DISCLAIMER: We suggest that you consult with an estate planning advisor regarding the legal and financial implications—as well as tax advantages—of any gift to make sure that it aligns with your wishes, needs, and estate planning goals.If you have any questions, or would like additional information on any of the methods of support above, please contact us at info@southbayclt.org.