S.F. Supervisors Rush to Fund Legacy Businesses’ Preservation

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Carlos and Rubie Navarro, shown here with their lawyer Salvatore Timpano (center), are seeking financial assistance to afford their increased rent at Navarro’s Martial Arts Academy & Gym. Photo courtesy of Rubie Navarro

By Noah Arroyo, Mission Local
By this summer, San Francisco’s new Legacy Business Preservation Fund is slated to start giving longtime establishments financial assistance to weather the city’s harsh real estate market.

That’s not soon enough for Supervisors David Campos and Aaron Peskin. They have co-sponsored legislation that would inject about $343,000 into the Preservation Fund before it officially activates in July, at the start of the fiscal year. That money would let the fund start working as early as April, helping protect certain businesses from being displaced.

Read the complete story at Mission Local. 

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