Bay Area

Does Holy Names University Need to Close Down? HNU’s Bond-Holder Says No

When the Holy Names University Board of Trustees declared in December 2022 that the college was closing, they said they could not afford to remain open and were under pressure to repay a recent $50 million loan.

Published

2 years ago

March 6, 2023

Oakland Post

Holy Names University campus. Photo courtesy of HNU archives.

By Ken Epstein

However, the lender, Preston Hollow Community Capital (PHCC), is saying something quite different. In a recent letter to City of Oakland officials, the lender wrote:

“It is important that we make two things abundantly clear. 1) HNU decided, on its own and over PHCC’s objections, to close down – despite the fact that we have expressed a clear and ongoing commitment to help them overcome their challenges; and 2) PHCC is committed to doing everything it can to keep this campus as an institution of higher education rather than watch it be bought and sold to the highest bidder for some other purpose,” including “potentially for luxury real estate development.”

In the letter, Preston Hollow describes itself as “a leading social impact investor in the United States. We invest in and assist projects of significant social and economic importance to local communities.”

For example, in January they created a project to assist Howard University, assist the historically Black college, in Wash., D.C., with a $300 million tax-exempt bond-financing arrangement.

In its letter to Oakland officials, Preston Hollow reached out to work with the city to save the campus as a center for higher education in Oakland.

“Please accept this letter as the beginning of a line of dialogue between PHCC and Oakland city leaders,” the letter said. “We are committed to working with you collaboratively – and hopefully with HNU’s collaboration as well.”

Some people in the Oakland community are questioning whether HNU’s leaders are interested in seeking alternatives to closing the institution and selling the property.

After HNU’s trustees closure announcement in December, several community leaders asked for a meeting with Board of Trustees Chair Steven Borg to offer assistance, a meeting he refused to attend.

In January, other leaders asked for a meeting with Borg to discuss a specific proposal for a partnership to keep the campus open. That meeting request was also refused.

Recently, Oakland City Council members have been working to find a way to preserve the mission of educating the university’s multiracial student body as teachers, nurses, social workers and undergraduates at the beautiful 60-acre campus with gorgeous views overlooking Oakland and the San Francisco Bay.

In response to Oakland Post questions, Borg did not offer to collaborate with Preston Hollow but criticized the letter for “false and misleading information while also claiming to be operating in good faith with HNU.”

He said HNU’s commitment is to operate the college until May 2023 and to “get the highest value for the property.”

He said that HNU had not missed any payments on its $50 million loan. “Instead, the default was technical in nature.”

This week, faculty and staff at HNU are meeting to discuss these new developments and to consider options that may exist to continue a higher education institution on the campus.

One possibility that excites many members of the Oakland community is the possibility of a partnership with a Historically Black College or University as part of a comprehensive plan to maintain the campus as a center of higher education.

Holy Names is an accredited, Roman Catholic, co-educational university founded by the Sisters of the Holy Names of Jesus and Mary in 1868. Originally established as the Convent of Our Lady of the Sacred Heart by six members of a teaching order from Quebec, Canada, the original site of the convent was on the shores of Lake Merritt. In 1957, the school moved to its present location in the Oakland hills.

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Oakland Post: Week of May 21 – 27, 2025

The printed Weekly Edition of the Oakland Post: Week of May 21 – 27, 2025

Published

3 days ago

May 25, 2025

Oakland Post

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Chevron Richmond Installs Baker Hughes Flare.IQ, Real-time Flare Monitoring, Control and Reduction System

While the sight of flaring can cause concern in the community, flares are essential safety systems that burn pollutants to prevent them from being released directly into the atmosphere. They activate during startup and shut-down of facility units or during upsets or equipment malfunctions. The typical flare stack is about 200 feet high so that vapors are well above street levels.

Published

1 week ago

May 19, 2025

Oakland Post

Image courtesy The Richmond Standard.

The Richmond Standard

Chevron Richmond recently installed flare.IQ, a real-time, automated system that will improve the facility’s flaring performance.

The technology, developed by Panametrics, a Baker Hughes business, uses sensors to monitor, reduce and control flaring in real time. It collects and assesses data on refinery processes, such as temperature, pressure, gas flow and gas composition, and adjusts accordingly to ensure flares burn more efficiently and cleanly, leading to fewer emissions.

“The cleaner the flare, the brighter the flame can look,” said Duy Nguyen, a Chevron Richmond flaring specialist. “If you see a brighter flame than usual on a flare, that actually means flare.IQ is operating as intended.”

“A key element in Baker Hughes’ emissions abatement portfolio, flare.IQ has a proven track record in optimizing flare operations and significantly reducing emissions,” said Colin Hehir, vice president of Panametrics, a Baker Hughes business. “By partnering with Chevron Richmond, one of the first operators in North America to adopt flare.IQ, we are looking forward to enhancing the plant’s flaring operations.”

The installation of flare.IQ is part of a broader and ongoing effort by Chevron Richmond to improve flare performance, particularly in response to increased events after the new, more efficient hydrogen plant was brought online in 2019.

Since then, the company has invested $25 million — and counting — into flare minimization. As part of the effort, a multidisciplinary refinery team was formed to find and implement ways to improve operational reliability and ultimately reduce flaring. Operators and other employees involved in management of flares and flare gas recovery systems undergo new training.

“It is important to me that the community knows we are working hard to lower emissions and improve our flaring performance,” Nguyen said.

Also evolving is the process by which community members are notified of flaring incidents. The Community Warning System (CWS), operated by Contra Costa County is an “all-hazard” public warning system.

Residents can opt-in to receive alerts via text, e-mail and landline. The CWS was recently expanded to enable residents to receive notifications for “Level 1” incidents, which are considered informational as they do not require any community action.

For more information related to these topics, check out the resources included on the Chevron Richmond, CAER and Contra Costa Health websites. Residents are also encouraged to follow @chevronrichmond and @RFDCAOnline on Facebook and X (formerly Twitter), where additional information may be posted during an incident.

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Oakland Hosts Town Hall Addressing Lead Hazards in City Housing

According to the city, there are 22,000 households in need of services for lead issues, most in predominantly low-income or Black and Latino neighborhoods, but only 550 to 600 homes are addressed every year. The city is hoping to use part of the multimillion-dollar settlement to increase the number of households served each year.

Published

1 week ago

May 18, 2025

Oakland Post

iStock.

By Magaly Muñoz

The City of Oakland’s Housing and Community Development Department hosted a town hall in the Fruitvale to discuss the efforts being undertaken to remove lead primarily found in housing in East and West Oakland.

In 2021, the city was awarded $14 million out of a $24 million legal settlement from a lawsuit against paint distributors for selling lead-based paint that has affected hundreds of families in Oakland and Alameda County. The funding is intended to be used for lead poisoning reduction and prevention services in paint only, not water or other sources as has been found recently in schools across the city.

The settlement can be used for developing or enhancing programs that abate lead-based paint, providing services to individuals, particularly exposed children, educating the public about hazards caused by lead paint, and covering attorney’s fees incurred in pursuing litigation.

Most of the homes affected were built prior to 1978, and 12,000 of these homes are considered to be at high risk for lead poisoning.

City councilmember Noel Gallo, who represents a few of the lead-affected Census tracts, said the majority of the poisoned kids and families are coming directly from neighborhoods like the Fruitvale.

“When you look at the [kids being admitted] at the children’s hospital, they’re coming from this community,” Gallo said at the town hall.

In order to eventually rid the highest impacted homes of lead poisoning, the city intends to create programs and activities such as lead-based paint inspections and assessments, full abatement designed to permanently eliminate lead-based paint, or partial abatement for repairs, painting, and specialized cleaning meant for temporary reduction of hazards.

In feedback for what the city could implement in their programming, residents in attendance of the event said they want more accessibility to resources, like blood testing, and information from officials about lead poisoning symptoms, hotlines for assistance, and updates on the reduction of lead in their communities.

Attendees also asked how they’d know where they are on the prioritization list and what would be done to address lead in the water found at several school sites in Oakland last year.

City staff said there will be a follow-up event to gather more community input for programming in August, with finalizations happening in the fall and a pilot launch in early 2026.