SAN FRANCISCO COMMUNITY LAND TRUST

SAN FRANCISCO COMMUNITY LAND TRUST THE SAN FRANCISCO COMMUNITY LAND TRUST (SFCLT) IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE TO COMBAT DISPLACEMENT AND DISCRIMINATION, RELIEVE THE STRESS ON THE POOR CAUSED BY HIGH HOUSING PRICES, PROMOTE COMMUNITY EMPOWERMENT, AND PROVIDE SAN FRANCISCO WITH QUALITY RESIDENT-CONTROLLED HOUSING FOR VERY LOW TO MODERATE-INCOME HOUSEHOLDS THAT WILL REMAIN PERMANENTLY AFFORDABLE FOR FUTURE GENERATIONS.