Activism

Four Bills Focus on Financial Compensation for Descendants of Enslaved People

This week, CBM examines four more bills in the package — each offering ways for Black Californians to receive restitution for past injustices — from housing assistance and reclamation of loss property to fairer pay and the establishment of a state agency charged with determining eligibility for reparations.

Published

10 months ago

April 28, 2025

Oakland Post

iStock.

Edward Henderson
California Black Media

Last week, California Black Media (CBM) provided an update on four bills in the California Legislative Black Caucus (CLBC) 2025 Road to Repair package.

The 16 bills in the Black Caucus’s 2025 “Road to Repair” package focus on “repairing the generational harms caused by the cruel treatment of African American slaves in the United States and decades of systemic deprivation and injustice inflicted upon Black Californians,” said the CLBC in a release.

This week, CBM examines four more bills in the package — each offering ways for Black Californians to receive restitution for past injustices — from housing assistance and reclamation of lost property to fairer pay and the establishment of a state agency charged with determining eligibility for reparations.

Here are summaries of these bills, information about their authors, and updates on how far each one has advanced in the legislative process.

Assembly Bill (AB) 57

AB 57, introduced by Assemblymember Tina McKinnor (D-Inglewood), would require that at least 10% of the monies in the state’s home purchase assistance fund be made available to applicants who meet the requirements for a loan under the home purchase assistance program and are descendants of formerly enslaved people.

The Assembly Judiciary Committee is currently reviewing the legislation.

Assembly Bill (AB) 62

AB 62, also introduced by McKinnor, would require the Office of Legal Affairs to review, investigate, and make specific determinations regarding applications from people who claim they are the dispossessed owners of property seized from them because of racially motivated eminent domain. The bill would define “racially motivated eminent domain” to mean when the state acquires private property for public use and does not provide just compensation to the owner, due in whole or in part, to the owner’s race.

AB 62 is currently under review in the Judiciary Committee.

Senate Bill (SB) 464

SB 464, introduced by Sen. Lola Smallwood-Cuevas (D-Los Angeles), aims to strengthen the existing civil rights laws in California concerning employer pay data reporting. The bill mandates that private employers with 100 or more employees submit annual pay data reports to the Civil Rights Department. These reports must include detailed demographic information — including race, ethnicity, sex, and sexual orientation — pertaining to their workforce distribution and compensation across different job categories. Furthermore, beginning in 2027, public employers will also be required to comply with these reporting requirements.

The Senate Committee on Labor, Public Employment, and Rules is currently reviewing SB 464. A hearing is expected to be held on April 23.

Senate Bill (SB) 518

SB 518, introduced by Sen. Akilah Weber Pierson (D-San Diego), establishes the Bureau for Descendants of American Slavery to address and remedy the lasting harms of slavery and the Jim Crow laws suffered by Black Californians.

SB 518 is under review in the Senate Judiciary Committee. A hearing is expected to be held on April 22.

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Activism

Chase Oakland Community Center Hosts Alley-Oop Accelerator Building Community and Opportunity for Bay Area Entrepreneurs

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

Published

1 week ago

February 21, 2026

Oakland Post

Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.

By Carla Thomas

The Golden State Warriors and Chase bank hosted the third annual Alley-Oop Accelerator this month, an empowering eight-week program designed to help Bay Area entrepreneurs bring their visions for business to life.

The initiative kicked off on Feb. 12 at Chase’s Oakland Community Center on Broadway Street, welcoming 15 small business owners who joined a growing network of local innovators working to strengthen the region’s entrepreneurial ecosystem.

At its core, the accelerator is designed to create an ecosystem of collaboration, where local entrepreneurs can learn from one another while accessing the resources of a global financial institution.

“This is our third year in a row working with the Golden State Warriors on the Alley-Oop Accelerator,” said Jaime Garcia, executive director of Chase’s Coaching for Impact team for the West Division. “We’ve already had 20-plus businesses graduate from the program, and we have 15 enrolled this year. The biggest thing about the program is really the community that’s built amongst the business owners — plus the exposure they’re able to get through Chase and the Golden State Warriors.”

According to Garcia, several graduates have gone on to receive vendor contracts with the Warriors and have gained broader recognition through collaborations with JPMorgan Chase.

“A lot of what Chase is trying to do,” Garcia added, “is bring businesses together because what they’ve asked for is an ecosystem, a network where they can connect, grow, and thrive organically.”

This year’s Alley-Oop Accelerator reflects that vision through its comprehensive curriculum and emphasis on practical learning. Participants explore the full spectrum of business essentials including financial management, marketing strategy, and legal compliance, while also preparing for real-world experiences such as pop-up market events.

Each entrepreneur benefits from one-on-one mentoring sessions through Chase’s Coaching for Impact program, which provides complimentary, personalized business consulting.

Garcia described the impact this hands-on approach has had on local small business owners. He recalled one candlemaker, who, after participating in the program, was invited to provide candles as gifts at Chase events.

“We were able to help give that business exposure,” he explained. “But then our team also worked with them on how to access capital to buy inventory and manage operations once those orders started coming in. It’s about preparation. When a hiccup happens, are you ready to handle it?”

The Coaching for Impact initiative, which launched in 2020 in just four cities, has since expanded to 46 nationwide.

“Every business is different,” Garcia said. “That’s why personal coaching matters so much. It’s life-changing.”

Participants in the 2026 program will each receive a $2,500 stipend, funding that Garcia said can make an outsized difference. “It’s amazing what some people can do with just $2,500,” he noted. “It sounds small, but it goes a long way when you have a plan for how to use it.”

For Chase and the Warriors, the Alley-Oop Accelerator represents more than an educational initiative, it’s a pathway to empowerment and economic inclusion. The program continues to foster lasting relationships among the entrepreneurs who, as Garcia put it, “build each other up” through shared growth and opportunity.

“Starting a business is never easy, but with the right support, it becomes possible, and even exhilarating,” said Oscar Lopez, the senior business consultant for Chase in Oakland.