EBALDC Selected by Citi Foundation’s Community Progress Makers Fund Grant Program to Accelerate Economic Opportunity

May 18, 2016

 

EBALDC is honored to be selected as a recipient of the Community Progress Makers Fund, a $20 million grant initiative to support 40 visionary nonprofit organizations in their efforts to establish new approaches to long-standing urban economic challenges in the United States – including economic development, environment sustainability, urban infrastructure and affordable housing. 

As part of the program, EBALDC will receive a core operating support grant of $500,000 over the course of two years to continue our work in the community. In addition to the grant, EBALDC will also have access to technical assistance from leading national researchers and experts and will be provided opportunities to connect with other grantees to share and learn best practices.

“The Citi Foundation feels privileged to support organizations that have demonstrated such strong commitments to their local communities and a willingness to share their experiences with others for the betterment of their neighborhoods,” said Brandee McHale, President of the Citi Foundation. “These organizations have a track record of implementing solutions that work for their communities because they know the people there, understand what resources to tap and, most importantly, feel deeply invested in the places where they live and work.  We believe that’s the key to leading urban transformation efforts in Oakland and elsewhere across the country.”

Read the news here.