Uncategorized

Peralta’s $250,000 Anonymous Gift

Published

13 years ago

January 18, 2013

Romeo Garcia, the new executive director of the Peralta Colleges Foundation is all smiles as he holds a check for $250,000.

Gay Plair Cobb

Special to the Post

It was Jan. 3, the first day back from a week off for the holidays for Romeo Garcia, the new executive director of the Peralta Colleges Foundation,
Going through his mail, Garcia opened an envelope from the San Francisco Foundation that contained a check for $250,000. He was astonished.
Peralta Colleges Foundation had not even submitted a formal request for funding.
When he read the accompanying letter, he learned an anonymous donor decided to support the foundation with a quarter-million dollar gift for “general support.”
Because he was active in raising funds before, Garcia was aware of the practice of anonymous giving but never had received a gift of this magnitude.
He remembered that in mid-December three Peralta Colleges Foundation board members met with the San Francisco Foundation to discuss how the Peralta foundation helps with student scholarships and other awards for students at the four Peralta Colleges – Berkeley City College, College of Alameda, and Laney and Merritt Colleges in Oakland.
They discussed goals for 2013 and the challenges the foundation faced in fundraising. No money was requested. The speakers simply wanted to begin the conversation about the need for funds to support community college students.
After happily celebrating this windfall, Garcia called Karen Friedman, co-president of Peralta Colleges Foundation.
“That’s a mistake, right?” she asked. Garcia said, “No, it’s the real thing.”
Garcia then called other foundation board members, including Gay Cobb, and Co-President Gary Foss, who had met with the San Francisco Foundation.
Board members thought gift might be the result of a long-standing relationship that Cobb has with the San Francisco Foundation, including as a member of their Board of Directors for 10 years. But no one really knows who donated the money.
The happy mystery remains, although Friedman is sure that “Gay (Cobb) was instrumental in our getting the grant from the San Francisco Foundation.”
The badly needed funds will be used to build the capacity of the foundation to help students in need.
The money will help create an alumni database to encourage tens of thousands of former students to help today’s students with the high cost of education.
“These funds will help us … increase funding for scholarships and initiatives that promote student success,” said Garcia.

Oakland Post

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Oakland Housing and Community Development Department Awards $80.5 Million to Affordable Housing Developments

Published

6 months ago

June 17, 2025

Oakland Post

Special to The Post

The City of Oakland’s Housing and Community Development Department (Oakland HCD) announced its awardees for the 2024-2025 New Construction of Multifamily Affordable Housing Notice of Funding Availability (New Construction NOFA) today Five permanently affordable housing developments received awards out of 24 applications received by the Department, with award amounts ranging from $7 million to $28 million.

In a statement released on Jan. 16, Oakland’s HCD stated, “Five New Construction Multifamily Affordable Housing Development projects awarded a total of $80.5 million to develop 583 affordable rental homes throughout Oakland. Awardees will leverage the City’s investments to apply for funding from the state and private entities.”

In December, the office of Rebecca Kaplan, interim District 2 City Councilmember, worked with HCD to allocate an additional $10 Million from Measure U to the funding pool. The legislation also readopted various capital improvement projects including street paving and upgrades to public facilities.

The following Oakland affordable housing developments have been awarded in the current round:

Mandela Station Affordable

238 Affordable Units including 60 dedicated for Homeless/Special Needs
Award: $15 million + previously awarded $18 million
Developer: Mandela Station LP (Pacific West Communities, Inc. and Strategic Urban Development Alliance, LLC)
City Council District: 3
Address: 1451 7th St.

Liberation Park Residences

118 Affordable Units including 30 dedicated for Homeless/Special Needs
Award: $28 million
Developer: Eden Housing and Black Cultural Zone
City Council District: 6
Address: 7101 Foothill Blvd.

34th & San Pablo

59 Affordable Units including 30 dedicated for Homeless/Special Needs
Award: $7 million
Developer: 34SP Development LP (EBALDC)
City Council District: 3
Address: 3419-3431 San Pablo Ave.

The Eliza

96 Affordable Units including 20 dedicated for Homeless/Special Needs
Award: $20 million
Developer: Mercy Housing California
City Council District: 3
Address: 2125 Telegraph Ave.

3135 San Pablo

72 Affordable Units including 36 dedicated for Homeless/Special Needs
Award: $10.5 million
Developer: SAHA and St. Mary’s Center
City Council District: 3
Address: 3515 San Pablo Ave.

The source of this story is the media reltations office of District 2 City Councilmember Rebecca Kaplan.

Oakland Post

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Activism

Oakland Housing and Community Development Department Awards $80.5 Million to Affordable Housing Developments

Published

10 months ago

January 30, 2025

Oakland Post

Rebecca Kaplan, interim District 2 city councilmember. File photo.

Special to The Post

The following Oakland affordable housing developments have been awarded in the current round:

Mandela Station Affordable

238 Affordable Units including 60 dedicated for Homeless/Special Needs
Award: $15 million + previously awarded $18 million
Developer: Mandela Station LP (Pacific West Communities, Inc. and Strategic Urban Development Alliance, LLC)
City Council District: 3
Address: 1451 7th St.

Liberation Park Residences

118 Affordable Units including 30 dedicated for Homeless/Special Needs
Award: $28 million
Developer: Eden Housing and Black Cultural Zone
City Council District: 6
Address: 7101 Foothill Blvd.

34th & San Pablo

59 Affordable Units including 30 dedicated for Homeless/Special Needs
Award: $7 million
Developer: 34SP Development LP (EBALDC)
City Council District: 3
Address: 3419-3431 San Pablo Ave.

The Eliza

96 Affordable Units, including 20 dedicated for Homeless/Special Needs
Award: $20 million
Developer: Mercy Housing California
City Council District: 3
Address: 2125 Telegraph Ave.

3135 San Pablo

72 Affordable Units including 36 dedicated for Homeless/Special Needs
Award: $10.5 million
Developer: SAHA and St. Mary’s Center
City Council District: 3
Address: 3515 San Pablo Ave.

The source of this story is media reltations office of District 2 City Councilmember Rebecca Kaplan.

Oakland Post

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Alameda County

Oakland Acquisition Company’s Acquisition of County’s Interest in Coliseum Property on the Verge of Completion

The Board of Supervisors is committed to closing the deal expeditiously, and County staff have worked tirelessly to move the deal forward on mutually agreeable terms. The parties are down to the final details and, with the cooperation of OAC and Coliseum Way Partners, LLC, the Board will take a public vote at an upcoming meeting to seal this transaction.

Published

11 months ago

January 11, 2025

Oakland Post

Alameda County Board of Supervisors Chairman David Haubert. Official photo.

Special to The Post

The County of Alameda announced this week that a deal allowing the Oakland Acquisition Company, LLC, (“OAC”) to acquire the County’s 50% undivided interest in the Oakland- Alameda County Coliseum complex is in the final stages of completion.

Oakland has already finalized a purchase and sale agreement with OAC for its interest in the property. OAC’s acquisition of the County’s property interest will achieve two longstanding goals of the County:

The Oakland-Alameda Coliseum complex will finally be under the control of a sole owner with capacity to make unilateral decisions regarding the property; and
The County will be out of the sports and entertainment business, free to focus and rededicate resources to its core safety net

In an October 2024 press release from the City of Oakland, the former Oakland mayor described the sale of its 50% interest in the property as an “historic achievement” stating that the transaction will “continue to pay dividends for generations to come.”

The Board of Supervisors is pleased to facilitate single-entity ownership of this property uniquely centered in a corridor of East Oakland that has amazing potential.

“The County is committed to bringing its negotiations with OAC to a close,” said Board President David Haubert.