Media
April 2019

Why housing is now a health issue for Kaiser Permanente

From San Francisco Business Times
Over the eight years that Brian Hopkins has lived in his East Oakland apartment, he’s seen many of his neighbors wind up on the streets. “You know tent city? That was a lot of the people who lived on this block,” said 35-year-old Hopkins, who currently works staffing events at venues like Levi’s Stadium and the Coliseum. “I know them personally, friends’ moms, aunties.” Kaiser Permanente noticed the bulging homeless population in its hometown, too. It also knows the toll it takes on people’s health, with a recent study in a major medical journal finding... View article
Media
March 2019

In Oakland and elsewhere, health care is investing in affordable housing

From Marketplace
When an apartment building sells in gentrifying parts of Oakland, California, tenants often brace themselves for the worst. Rent hikes, disruptive renovations and evictions can follow. But when one building recently changed hands, city officials and housing activists celebrated. Kensington Gardens, a 41-unit building in the working-class, immigrant neighborhood of San Antonio, was sold last November. “I was feeling somebody was going to get it and they were going to raise the rent,” said Ameria Lipscomb, who lives in a first-floor studio in Kensington. Tenants there generally pay below-market rents. When the building... View article
News
February 2019

EBALDC Seeks Qualified General Contractor for Frank G. Mar Rehab Project in Downtown Oakland; RFQ Response Due February 28, 2019

East Bay Asian Local Development Corporation is pleased to announce that we will be performing a re-syndication and rehab of our Frank G. Mar portfolio property located in Oakland Chinatown. Frank G Mar consists of 119 units of family housing that sits on top of approximately 11,400 square feet of commercial space and parking. We are requesting qualifications from experienced general contractors to join the team in providing quality pre-construction and construction services for the project. Responses to the RFQ are due February 28th, 2019 and all are welcome to apply.... Read more
Media
February 2019

Advocacy and More: Philanthropy’s Role in Two Big New Initiatives to Tackle the Housing Crisis

From Inside Philanthropy
Housing affordability may be the toughest challenge now facing major metro areas in the U.S., especially in affluent coastal areas. Last month, California’s new governor, Gavin Newsom, made this issue a top priority, committing significant new resources to housing in his proposed state budget. Other public leaders have been stepping up, too, including New York Mayor Bill de Blasio. Pressure is also growing on both business and philanthropy to do more to ensure housing affordability. And in recent weeks, we’ve seen dramatic movement along these lines. One such effort is focused... View article
Media
January 2019

$500 million affordable housing fund launches in the Bay Area

From Housing Wire
Housing affordability has become a tremendous concern for many Americans navigating expensive West Coast housing markets, but a new partnership could provide Californians with significant relief. Various housing advocates, tech and business leaders recently announced the launch of a regional public-private housing partnership that could potentially become the Bay Area’s largest investment toward affordable housing. The partnership intends to provide $500 million in order to solve interconnected challenges of housing, transportation and economic opportunity in the Bay Area. “The scope of the housing crisis requires bold action. And it also requires that all sectors... View article
Media
January 2019

Bay Area consortium pledges $500M for affordable homes

From Mountain View Voice
Several Peninsula-based nonprofit organizations and companies are part of a new public-private partnership that aims to secure $500 million to help build more affordable housing in the Bay Area, the group announced Thursday. Known as Partnership for the Bay’s Future, the collaboration is being funded by 10 organizations in the philanthropic, business and community-advocacy sectors. The initiative is billing itself as “one of the country’s largest investment funds to address the regional affordable housing crisis,” according to a press release. “The housing crisis is the most serious issue facing our region —... View article
Media
January 2019

The Chan Zuckerberg Initiative has a $500 million plan to ease the Bay Area housing crisis

The housing affordability crisis in the Bay Area has been growing worse, with no end in sight, for over a decade. This year, though, may be the one in which some of the most powerful players in the region step up to do something about it. On January 15, the Oakland-based healthcare nonprofit Kaiser Permanente committed more than $50 million to preserve affordable housing in the city. And nine days after that, the Chan Zuckerberg Initiative (CZI), the Ford Foundation, the San Francisco Foundation, and the Local Initiatives Support Corporation (LISC) introduced a large fund... 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
Press Releases
January 2018

The Unity Council and EBALDC Begin Work on New 94-Unit Development for Fruitvale Transit Village

Casa Arabella is the result of two major community organizations working together to increase affordable housing for East Oakland Oakland, California – January 23, 2018 – The Unity Council (TUC), an Oakland-based social equity development corporation devoted to improving the quality of life in Fruitvale and like communities through an innovative, neighborhood-focused economic equity approach, working in partnership with East Bay Asian Local Development Corporation (EBALDC), announces that work has begun on the Fruitvale Transit Village Phase II-A project. The $60 million, transit-oriented development project includes a new, 94-unit, multi-family housing... Read more
News
December 2017

EBALDC Seeks Qualified Architects for New Mixed-Use Affordable Housing Development in Downtown Oakland; Reply by January 10, 2018

The East Bay Asian Local Development Corporation is pleased to request qualifications and proposals related to the design, permitting and construction of a new mixed-use commercial and affordable housing building at 285 12th Street in Oakland. Responses are requested from qualified firms or individuals (Architect) to provide comprehensive design services for the project.  This RFQP has a threshold requirement of previous experience designing for modular construction. Responses are due January 10, 2018. RFQP PDF:  17-12.12 285 12th Street – Architect RFQP... Read more