After the Eaton fire devastated many homes in Altadena, longtime resident Eshele Williams faced a daunting offer from her landlord to buy her burned property for $565,000 cash. With no means to afford such a payment, Williams and many others have seen their community's diversity threatened as developers buy up the land. To counter this, local nonprofits are actively providing financial support aimed at assisting residents to rebuild their homes and acquire land to combat escalating property prices and help preserve the neighborhood's character.
Eshele Williams, a 47-year-old therapist, wanted to own her home in Altadena after 17 years, but faced steep challenges after a fire destroyed it.
After the Eaton fire led to many home sales, concerns rose over potential gentrification in Altadena, threatening its community diversity.
Williams benefited from community nonprofit efforts aimed at keeping residents in Altadena, as she lacked cash to buy her burned home but could qualify for a mortgage.
Nonprofits are working to support residents through grants and land acquisition to maintain economic diversity amidst rising home prices after the fire.
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