What you might not know is that this house has been in Lloyd's family for 50 years. Lloyd is now 58 and has lived here since he was a kid. His mom tragically passed away last year, leaving him alone in the house and living off a fixed disability income.
Normally, Lloyd would be able to support himself in the home but when she passed they discovered that she had been a victim of a predatory lending scheme and a reverse mortgage had been taken our in her name by an old caretaker. Suddenly, the bank is requiring a payment of $350,000 to keep the house. They call him regularly and threaten to kick him out of the house he's lived in his whole life. We can't let that happen.
With so many families being pushed out and priced out of Oakland, this is infuriatingly not uncommon. If Lloyd loses his house, his options are extremely limited.
If you are able, please help share this campaign. It would be great to get the attention of the Warriors and hopefully help keep this little slice of Oakland in the family.
**My name is Ali and I've been Lloyd's neighbor for 12 years. I'm personally born and raised in Oakland and have chosen to stay here and raise my family here as well. I'm trying to help Lloyd because, well, he needs help. He doesn't have access to internet or a computer and is having a difficult time navigating his options. It breaks my heart seeing all the families who have lost their homes due to the gentrification of this area; generations of history uprooted. If you know of alternative ways to help him save his home without paying off this predatory lender, please send me a message. It would be great to get this done without the bank getting richer off of yet another Oakland family**
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