The purchase of 285 Turk by San Francisco Community Land Trust (SFCLT), located in the heart of the bustling Tenderloin neighborhood at the intersection of Turk and Leavenworth, will convert 40 units of speculative rental housing into permanently affordable housing. The building is currently home to 30 households, 95% being Black, Indigenous and People of Color (BIPOC). In 1985 the City allowed 285 Turk to be taken out of the Rent Stabilization Ordinance (RSO) because the owner at the time invested in rehabilitation of the building. This loophole in RSO was subsequently closed, however the building remains currently out of rent control. This means that tenants in the building were doubly vulnerable to displacement through unchecked rent increases because they lacked the security of rent control. The SFCLT acquired the building in January 2022.