At the end of May, the San Francisco Community Land Trust announced that it had helped the residents of 2976 23rd Street – known as the Merry Go Round House to purchase their 14-unit building. “This sale preserves 14 units of low-cost, shared housing that were at risk of eviction when the sellers decided to sell the building and listed it on the market for sale at $1,780,000,” the Land Trust announced.

The Land Trust will maintain the ownership of title to the land and the cooperative will be run by its members.