$2.5 million loan to affordable housing developer places low-income renters into debt (tags)
East Bay Asian Local Development Corporation (EBALDC), one of Oakland's largest non profit housing developers, places low-income renters at risk of high rents or displacement by borrowing $2.5 million to renovate the 21 unit building they reside in!
Investigation into Oakland non profit housing organization underway (tags)
Activists are pleased that an investigation into Oakland Community Housing, Inc. (OCHI) is underway, but are deeply disappointed that their demands to have more oversight instituted over the way non profit housing organizations are spending millions in tax payer dollars on their housing projects, has been rejected by Oakland City officials!