Commercial Real Estate
December 2024

Support Local Businesses this Holiday Season with EBALDC!

Did you know EBALDC is the East Bay’s largest nonprofit commercial landlord, supporting over 100 nonprofits and small businesses with below-market rent? This holiday season, consider shopping with EBALDC’s incredible tenants. 🎁 Gift Ideas for Everyone on Your List! For Pet Lovers: Give the gift of grooming from All About the Dogue in Emeryville—perfect for your favorite pet niece or nephew! Stocking Stuffers: Discover handmade treasures at Oakland City Trading in Chinatown. Practical Gifts: Shop quality leather goods like shoes, belts, and socks at Red Wing Shoes in Emeryville. Home Refresh:... Read more
News
December 2024

Chinatown Complete Streets Plan Survey is Now Live! Dec. 10 – Dec. 23

We’re excited to share that the Chinatown Complete Streets Plan survey is now live! This is your chance to shape the future of Oakland Chinatown’s streets and ensure they are safer, more connected, and inclusive for everyone. Share Your Feedback (Survey is open Dec 10–23): Chinatown Complete Streets Plan: Survey You can also join us tomorrow to explore design options for the Chinatown Complete Streets Plan in a welcoming, bilingual space! This open house is your chance to meet with city representatives and engineers, share your thoughts, and help shape the future of... Read more
Media
December 2024

BART Supports Renaming Oakland’s Lake Merritt Station

From KQED
BART directors plan to move forward with renaming Oakland’s Lake Merritt station, but only after they find a funding source for the estimated $750,000 project and complete a community engagement process. The unanimous vote Thursday by the transit agency’s Board of Directors delivered a setback to many community members who had hoped to walk away from the meeting with a clear timeline for the station renaming. “I would ask that it not be called a name change. It really is a name correction,” said Joshua Simon, who showed up to the public... View article
Media
December 2024

Oakland’s Lake Merritt BART Station Could Be Renamed Soon

From KQED
Oakland’s Lake Merritt BART Station may soon have a new name: Oakland Chinatown Station. At a groundbreaking ceremony on Thursday for a senior housing development that will be on top of the station, BART Board Member Robert Raburn told KQED he plans to introduce a resolution to rename the station at next week’s board meeting. “It’s a no-brainer,” Raburn said following the ceremony.... View article
Media
November 2024

United Way Bay Area Launches Guaranteed Basic Income Pilot

From Alameda Post
“Poverty is not an individual failing, it’s a policy choice,” said United Way Bay Area CEO Keisha Browder. “We followed the research and it led us to direct cash payments, an innovation proven to break the cycle of poverty. The Bay Area is a place where many people thrive, while others struggle to survive. By targeting support to these first 100 families, we want to understand how unconditional cash assistance offered alongside optional financial coaching services impact wellbeing and behavior. Our goal is to learn from this pilot program and replicate a successful effort across the Bay Area... View article
Events
November 2024

Flow & Flourish: Reimagining Chinatown Streets!

Reimagining Oakland Chinatown Streets: A Safer, Connected Future This Saturday, November 16th, join EBALDC, City of Oakland DOT, Sticky Rice Club, and Oakland Bloom at the Flow & Flourish: Reimagining Chinatown Streets block party from 3-7pm at 9th and Webster Streets! This event celebrates the Chinatown Complete Streets Plan—a crucial initiative to enhance safety, connectivity, and accessibility for residents, visitors, and businesses in Chinatown. Why This Matters  Oakland’s Chinatown is vibrant and culturally rich, but it also faces unique transit challenges. With high rates of pedestrian and bicycle collisions, and one of the... Read more
Media
October 2024

Senior Housing Project Secures $90.5 Million in Financing from Capital One

From Affordable Housing Finance
Key financing has been arranged for the development of a 97-unit affordable housing community for older adults in Oakland, California. Capital One announced that it has closed $90.5 million in financing for the construction of Chinatown TOD Senior Housing. The community is being developed by East Bay Asian Local Development Corp. (EBALDC), the largest nonprofit provider of affordable housing in the city.... View article
Media
October 2024

Related California and local nonprofit eye affordable housing in Oakland’s Jack London Square

From The Real Deal
Related California and East Bay Asian Local Development have advanced plans to build three affordable apartment buildings and a plaza at Oakland’s Jack London Square. Related California and East Bay Asian Local Development have advanced plans to build three affordable apartment buildings and a plaza at Oakland’s Jack London Square. The Irvine-based builder and locally based nonprofit developer have requested permits to construct the five-story, 192-unit complex around a central plaza at 430 East Broadway, SFYimby reported. The block-size project, to be built on land owned by Alameda County, will sit south... View article
Media
October 2024

New Renderings For 430 Broadway in Jack London Square, Oakland

From SF Yimby
New details have been published for the 430 Broadway parcel in Oakland’s waterfront neighborhood, Jack London Square. The development is a joint venture with East Bay Asian Local Development Company and Related California to build nearly two hundred affordable units. The property is owned by Alameda County.... View article