OAKLAND (KRON) – The homeless mothers part of the group Moms 4 Housing announced on Monday they will be buying the West Oakland home from which they were evicted last week.

In a statement, Moms 4 Housing said they had reached an agreement with Wedgewood Properties to buy the Magnolia Street home through the Oakland Community Land Trust.

“This is what happens when we organize, when people come together to build the beloved community,” said Dominique Walker with Moms 4 Housing. “Today we honor Dr. King’s radical legacy by taking Oakland back from the big banks and corporations. Thank you to our supporters, who stood by us every step of the way. We can’t wait to get back to Moms’ House and keep building this movement with you.”

Sam Singer, a spokesman for Wedgewood, said in a statement that they were “honored and inspired” to collaborate with the city to “address the issue of homelessness and housing.”

Singer also said “revitalizing communities and being a good neighbor is central to Wedgewood’s culture. Our ongoing efforts to improve the neighborhoods where we acquire properties creates new employment opportunities and rehabilitated homes.”

Oakland Mayor Libby Schaaf also says they have made an agreement with Wedgewood that if the company sells any properties in the future within Oakland, the city and land trust will get an opportunity to buy those properties again at fair market value.

The mayor said she believed this could apply to an estimated 20 properties, although she did not have exact numbers.

The mayor was asked today if this deal might result in copycats — people who occupy a vacant home and try to claim it.

“We are not here to condone unlawful acts,” Schaaf said. “But we are here to respect them and passionately advance what inspired them. This housing crisis — I hope that this is a clear signal that when you come forward and try to work out a solution that we are here to help community groups achieve success like we are celebrating today.”

The group of homeless mothers was evicted last week from the West Oakland home in which they were squatting in since November.

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