Media
May 2018

CIT Provides $107M to JV for Oakland Mixed-Use Project

From Commercial Observer
CIT Group provided a $107 million construction loan to a joint venture between a Brookfield Property Partners-sponsored private real estate fund and The Martin Group to fund the development of a planned mixed-use residential project in downtown Oakland, Calif., the bank announced yesterday. The senior secured construction loan funds Station on 12th, a planned, seven-story mixed-use and residential project at 301 12th Street that features 333 market-rate apartment units and 23,570 square feet of ground-level retail space. Additional financing details were not disclosed.... View article
News
May 2018

Now Leasing! The Historic California Hotel Cafe/Eatery & Event Space!

A new music, arts and cultural campus, anchored by the Historic California Hotel, is under development, on the San Pablo Corridor. This campus will pay homage to the history of this area with a vision for the future. If you, or an entrepreneur/business owner that you know, has a food, music, art, cultural or other retail business, please check out the attached brochure.   At the planned Cafe/Eatery and Event Space, EBALDC seeks to provide an array of food and cultural options for local residents, music, art and cultural patrons, and private event catering. In addition, a retail... Read more
Media
May 2018

After 40 years without a full-scale grocery store, neighborhoods in West Oakland will welcome Community Foods Market

From Berkeleyside
For more than 40 years, the McClymonds, Hoover-Foster and Clawson neighborhoods in West Oakland haven’t had a full-service supermarket. That’s about to change. Community Foods Market, formerly known as People’s Community Market, broke ground on April 16, at 3105 San Pablo Ave. (at 32nd Street). The project was spearheaded by Brahm Ahmadi, who co-founded People’s Grocery in 2002, a community food project that hoped to create a brick-and-mortar grocery store in the underserved community. West Oakland is a food desert, with residents spending around 70% of their grocery dollars annually — an estimated... View article
Media
April 2018

Community Foods Market finally breaks ground in West Oakland

From San Francisco Chronicle
Construction on West Oakland’s long-anticipated People’s Community Market is finally underway, following years of starts and stops. Just as notable, there’s a new name: Community Foods Market. Brahm Ahmadi has been working to bring the project to fruition for well over a decade. In 2016, working with the East Bay Asian Local Development Corporation, Ahmadi was able to close escrow on the West Oakland property, located at Myrtle Street and San Pablo Avenue. Last weekend, the groundbreaking finally happened. Now, Ahmadi says things should move swiftly — the plan is to open in... View article
Media
April 2018

Faced with steep prices, buyers look to emerging East Bay neighborhoods

From Berkeleyside
As home prices continue to soar in the East Bay, and many would-be home buyers find themselves priced out of the market, real estate agents say buying in up-and-coming neighborhoods is one way to find relatively affordable homes. Buying in an emerging neighborhood has long been a strategy for coping with high home prices, not to mention eventually making a tidy sum off the investment. The trick is making the right call, so you can find the right place and enjoy the area as it improves, without ending up stuck in... View article
News
April 2018

Healthy Havenscourt Collaborative now seeking local teaching artist/community design consultant for Creative Action Workshops, Spring 2018

Healthy Havenscourt Collaborative now seeking local teaching artist/community design consultant for Creative Action Workshops, Spring 2018 EBALDC is launching its third annual resident leadership and creative actions program to promote neighborhood health and create friendly public spaces in the Havenscourt neighborhood of East Oakland.  The program supports and coaches neighborhood residents to envision and carry out their own small project. Now seeking a consultant to co-organize a workshop series and lead instruction of 8 weeks of project-based workshop classes with 4-10 resident leaders. Application deadline is Thursday, April 12, 2017, by... Read more
Press Releases
March 2018

Oakland Musician Fantastic Negrito to Move Recording Studio to Historic San Pablo Corridor

The Grammy award winning artist will sign a lease with EBALDC, taking over the former Blue Bird Market liquor store in Oakland OAKLAND, CA – March 26, 2018 – In partnership with East Bay Asian Local Development Corporation (EBALDC), Oakland-based Grammy-winner Fantastic Negrito is moving his studio and creative collective Blackball Universe to a new location in the San Pablo Avenue Corridor neighborhood of West Oakland. “Last year, we won a Grammy and this year we lost our lease,” said Fantastic Negrito. “That’s the story of being an artist in Oakland today.... Read more
News
March 2018

EBALDC Responds to HUD Statement

Earlier this month, the Department of Housing and Urban Development (HUD) released a statement announcing that the department’s mission statement would be altered “in an effort to align HUD’s mission with the Secretary’s priorities and that of the Administration.” The new mission statement notably removes anti-discrimination language, including “strong, sustainable, inclusive communities and quality affordable homes for all” and “inclusive and sustainable communities free from discrimination.” As a non-profit community development corporation dedicated to serving all people of the East Bay, we object to this shift in language and rhetoric.  It... Read more
News
March 2018

Approaching Partnerships Between Health Care Institutions and Community Development Organizations

The shift has been unmistakable: health care organizations are increasingly focusing on upstream factors that affect their patients’ health. To some degree, that shift is the result of state and federal legislation, particularly the Affordable Care Act, which regulates nonprofit hospitals’ preventive care activities. But it’s also just common sense. Addressing patients’ big-picture realities—that is, the social determinants of health like housing, job creation, and food security—can have deep impacts on their day-to-day health and the interventions that are needed.... Read more
Media
March 2018

Schaaf holds groundbreaking for Fruitvale affordable housing project

From KTVU
OAKLAND (BCN)– Oakland Mayor Libby Schaaf and other officials participated in a groundbreaking ceremony today for a new 94-unit affordable housing development in the Fruitvale Transit Village. The development, which is expected to be completed next year, is being built on a city-owned BART parking lot only steps away from the Fruitvale BART station, a major AC Transit hub and the planned Bus Rapid Transit line. Schaaf said, “This day is deeply personal” because she has worked with others for many years to bring the project to fruition.... View article
Media
February 2018

EBALDC’s Winter Newsletter is Here!

From EBALDC
Welcome to EBALDC’s New Quarterly Newsletter! A Note from EBALDC’s Leadership Between 2010 and 2016, the Bay Area added 500,000 jobs, but only 50,000 housing units.  With a large influx of people moving to the region, hundreds of thousands of people were priced out of the region and thousands became homeless. This displacement of long-time residents is being repeated in cities all over the country, as people who once chose the suburbs are now choosing cities. In the Bay Area, we do not have the capacity to build fast enough to keep up with increased... View article