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
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
Media
October 2024

North Berkeley BART project gets $25M from state for transportation upgrades

From BerkeleySide
The plan to transform the North Berkeley BART station’s parking lots into a transit-oriented housing village just got a boost from Sacramento. Transportation officials announced Thursday that BART has been awarded a $25 million grant for a suite of infrastructure upgrades meant to make it easier to access the North Berkeley station once the project’s planned 739 apartments are built and most of its rider parking is removed.... View article
Media
October 2024

Construction Starts for Lake Merritt Affordable Senior Housing, Oakland

From SF Yimby
Construction has started for the Chinatown TOD Senior Housing complex within the Lake Merritt BART Station redevelopment in Downtown Oakland, Alameda County. The project is expected to be the first of four buildings to activate two BART-owned blocks with a mix of residential and commercial real estate. East Bay Asian Local Development Corporation is responsible for the development.... View article
Media
October 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