Who Does it Benefit?
TOPA notably protects renters from displacement and provides power to tenants surrounding the future of their building. By offering a structured process, TOPA allows renters to organize and form tenant associations, present purchase offers, and even assign their rights to a purchaser of their choosing. For affordable housing developers, TOPA can create an important pathway to acquire and preserve existing rental housing. Developers can partner with tenant associations to purchase and rehabilitate properties, often pairing the tenant association’s assigned TOPA rights with public financing and other affordable housing resources. This creates opportunities for mission-driven developers to preserve affordability while addressing building conditions and long-term housing stability. Community Based Organizations play a pivotal role throughout the process by raising awareness, providing technical assistance, aligning financing, and advocating for tenant rights.


