From corporations like Chevron, the largest landowner in California, for not paying their fair share in property taxes - to big banks and private equity giants like Blackstone for buying up our homes and displacing millions of Californians, ACCE Action is holding Wall Street accountable!
ACCE Action is part of the Schools and Communities First coalition that is leading the work to advance the California Schools and Local Communities Funding Act which will restore over $11 billion per year to California’s schools, community colleges, health clinics and other vital services. We can no longer afford to keep giving billions of dollars in tax breaks to millionaires, billionaires and big corporations. It’s time to reform Prop 13!
ACCE has also helped pass laws in 3 cities to fine banks $1,000 / day for vacant, blighted properties. In Oakland this led to the massive clean-up of blight and has generated more than $2 million so far, which has funded the Housing Assistance Center to help struggling homeowners and tenants.
We also secured $15 million in new revenue for both L.A. and S.F. Counties by exposing the lack of property tax assessments on certain bank-owned homes, and then went on to win an additional $10 million in revenue for Los Angeles by getting commercial real estate giant Brookfield Office Properties to pay the appropriate level of taxes.
In 2012, we helped to lead the successful effort to pass the CA Homeowner Bill of Rights , the strongest foreclosure prevention legislation in the country, saving the homes of tens of thousands of Californians. ACCE Action played a key role in the passage of the Millionaire's Tax in 2012 and renewal in 2016, which raises between $7-9 billion annually in new revenue for schools and other vital services, by increasing taxes on California’s wealthiest.