News
April 2022

EBALDC Appoints Capri Roth as Executive Vice President of Real Estate Development

For Immediate Release: April 19, 2022 EBALDC Appoints Capri Roth as Executive Vice President of Real Estate Development Oakland, California— The East Bay Asian Local Development Corporation (EBALDC) is excited to announce the appointment of Capri Roth as Executive Vice President of Real Estate Development.  Roth will lead EBALDC’s Real Estate Development department in the acquisition, development, and rehabilitation of EBALDC’s affordable housing and commercial portfolio, including a pipeline of over 1,100 housing units spread across 13 properties. Since Roth joined EBALDC in 2016, she oversaw the development, acquisition, and rehabilitation... Read more
News
March 2022

EBALDC Appoints Karim Sultan as Chief Operating Officer (COO)

For Immediate Release: March 8, 2022 EBALDC Appoints Karim Sultan as Chief Operating Officer (COO) Oakland, California – The East Bay Asian Local Development Corporation (EBALDC) is excited to announce the appointment of Karim Sultan as Chief Operating Officer (COO).   As COO, Karim oversees property operations, asset management, and internal operations and is part of the Executive Leadership Team focused on executing the mission and core values of EBALDC. Since 2015, Karim served as the Vice President of Affordable Housing at Covia Community, where he oversaw affordable housing operations.  Karim brings... Read more
Dear Friends
January 2022

EBALDC Appoints Community Development Champion and Philanthropist Agnes Ubalde to its Board of Directors

FOR IMMEDIATE RELEASE: January 19, 2022 EBALDC Appoints Community Development Champion and Philanthropist Agnes Ubalde to its Board of Directors Ubalde to Oversee EBALDC’s Fundraising and Communications Strategies Oakland, CA—EBALDC announced today the appointment of Agnes Ubalde to the Board of Directors. Ubalde will chair the Resource Development and Communication (RDC) Committee.  She joins a diverse board of 18 members. Agnes Ubalde is the Senior Vice President at PNC Bank for Community Development Banking in California.  She leverages the bank’s loans, grant investments, financial inclusion tools, and technical expertise to support... Read more
Dear Friends
January 2022

EBALDC Appoints Amy Chan as CFO and Ener Chiu as Executive Vice President of Community Building

Chan to lead EBALDC in shaping its next phase of growth Chiu to expand community programs in East Bay Oakland, California — As part of its vision for growth, the East Bay Asian Local Development Corporation (EBALDC) announced the appointment of Amy Chan as Chief Financial Officer (CFO) and Ener Chiu as the inaugural Executive Vice President for Community Building. Chan and Chiu join the recently appointed Chief Executive Officer, Andy Madeira, in shaping EBALDC’s next chapter after 45 years of serving the East Bay communities of Oakland, San Pablo, Emeryville, and... Read more
Commercial Real Estate
December 2021

East Bay Asian Local Development Corporation Receives $250,000 Wells Fargo Grant

For Immediate Press Release December 10, 2021 Press Contact: Vicki Shu, vshu@ebaldc.org, 510-606-1812 Oakland, California – Today, the East Bay Asian Local Development Corporation (EBALDC) announced its receipt of a $250,000 grant from the Wells Fargo Open for Business Fund to support EBALDC’s COVID Commercial Tenant Resiliency Program (CCTRP). EBALDC envisions an East Bay where everyone has a place to call home; children can access quality education, residents can obtain good jobs, families can enjoy welcoming public spaces, and neighbors can enjoy culture and creativity. EBALDC is the largest nonprofit commercial... Read more
Press Releases
January 2021

East Bay Asian Local Development Corporation Names Andre H. Madeira as New CEO

FOR IMMEDIATE RELEASE January 13, 2021 Press Contacts: Layla Crater, layla@change-llc.com, 310-804-3107 Vicki Shu, vshu@ebaldc.org, 646-263-6044   East Bay Asian Local Development Corporation Names Andre H. Madeira as New CEO OAKLAND, CA — The East Bay Asian Local Development Corporation (EBALDC) announced today the appointment of Andre “Andy” H. Madeira as the nonprofit community development organization’s Chief Executive Officer. Madeira’s selection concludes a months long and nationwide search for a leader to take the helm of EBALDC and guide the next phase of the organization’s work in shaping healthy neighborhoods through... Read more
Press Releases
June 2020

East Bay Asian Local Development Corporation’s CEO Joshua Simon to Step Down from Organization After Nearly 20 Years in Leadership

FOR IMMEDIATE RELEASE June 10, 2020 Press Contacts:  Layla Crater, layla@change-llc.com, 310-804-3107 Jill Kunishima, jkunishima@ebaldc.org, 510-606-1823 OAKLAND, CA — As part of a defined succession plan, East Bay Asian Local Development Corporation (EBALDC) today announced that Joshua Simon will step down from the position of Chief Executive Officer in October 2020 after spending nearly two decades as a champion for EBALDC’s unique approach to community development. EBALDC’s Board of Directors will launch a selection committee to identify EBALDC’s next CEO. “Joshua Simon’s innovative and bold leadership has propelled EBALDC’s vision of... Read more
News
January 2019

EBALDC Partners with Kaiser Permanente on Fund for Housing Affordability

EBALDC is proud to announce our partnership with Kaiser Permanente, Enterprise Community Partners, and the City of Oakland on the Housing for Health Fund, a segment of Kaiser Permanente’s $200 million commitment to tackling housing insecurity through their Thriving Communities Fund. Kaiser Permanente has committed to investing $50 million towards housing affordability efforts in the Bay Area, half of which is prioritized for Oakland. Their first investment will be approximately $5.4 million towards Kensington Gardens Apartments, a 41-unit housing complex in the San Antonio neighborhood of Oakland and EBALDC’s latest acquisition.... Read more
Press Releases
September 2018

BART Selects East Bay Asian Local Development Corporation and Strada Investment Group for Lake Merritt BART Station Project

FOR IMMEDIATE RELEASE September 13, 2018 Press Contact: Jill Kunishima, jkunishima@ebaldc.org, 510-606-1823 The team led by the local nonprofit community development organization will advance neighborhood focused, transit-oriented development at the site Oakland, CA — East Bay Asian Local Development Corporation (EBALDC) announced today that the Bay Area Rapid Transit (BART) Board has selected the team led by EBALDC and Strada Investment Group (Strada) to advance a transit-oriented development at the Lake Merritt BART Station. The Board today authorized staff to enter into an exclusive negotiating agreement with the joint venture formed... Read more