Tenants and Owners Development Corporation
American nonprofit organization / From Wikipedia, the free encyclopedia
Tenants and Owners Development Corporation, also known as TODCO, is a nonprofit organization that owns eight low-income apartment buildings in the South of Market neighborhood of San Francisco, California. Founded to oppose the redevelopment of the Yerba Buena corridor,[1] the organization is a prominent and influential opponent of housing construction in San Francisco.[2][3][4][1]
John Elberling, the president of TODCO, joined the group in 1978[1] In 2021, the San Francisco Chronicle wrote that Eberling's "power to shape what does and does not get built in the South of Market has grown in recent years as he has spent freely on propositions, polling, lobbying and lawsuits."[2] Elberling lives rent-free in one of TODCO's affordable housing units, despite the fact that his salary is four times higher than the income he would need to qualify for the building.[2] He also owns a 2,938-square-foot house in Sebastopol, in Sonoma County, California.[1]