News
October 2017

A Job Is Not Enough

From Federal Reserve Bank of San Francisco
Here at the SF Fed, we talk a lot about “full employment,” which our president John Williams describes as the situation where everyone who wants a job is able to find one. Although this is a critically important goal from a macroeconomic standpoint (and part of theFed’s dual mandate), it doesn’t speak to the quality of those jobs or consider the changing nature of work itself and the resulting impact on the financial well-being of workers and families. Whether it’s part-time workers unable to find full-time jobs or low-wage workers displaced from neighborhoods near job centers, it’s... Read more
News
October 2017

Oakland developer eyes longterm improvements for Havenscourt neighborhood

From East Bay Times
OAKLAND — Tizta and Akram Dallaq dreamed of two things before opening the Dallaq Market in 2014 in East Oakland’s Havenscourt neighborhood: owning their own business, and contributing to the community’s overall health. They had virtually no business experience, but with guidance from the East Bay Asian Local Development Corporation, they opened a store in the corporation’s Lion Creek Crossings affordable housing development and have since expanded to a second location. They hope to open a third in the coming years, and in an effort to help build a healthier community, they... Read more
News
October 2017

OHA Building Bridges Program: Creative Local Solutions for Oakland Communities

At East Bay Asian Local Development Corporation (EBALDC), we believe that everyone should have access to a safe and affordable home, and every neighborhood should provide opportunities that enable people to live long, healthy lives, regardless of income. We are pleased to announce our participation in an historic new Oakland-based subsidy program, the OHA Building Bridges. This local rental assistance program is a collaborative effort of the Oakland Housing Authority (OHA) and its community partners. OHA Building Bridges was designed to help several hundred households, who until now were excluded from... Read more
News
May 2016

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

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... Read more