$100 Million Raised to Revitalize East Oakland

$100 million raised to revitalize East Oakland

Rise East Oakland has secured $100 million to help revitalize East Oakland.

Group secures $100 million investment for East Oakland

A local group has secured a massive investment to completely transform East Oakland. Rise East and the 40×40 Council, a group of nonprofits looking to invest and build up an area of deep East Oakland, announced Thursday that it has raised $100 million to do so – an effort that’s been years in the making. “We are building a place where folks can rest and can have ease and can have joy and can have health and resilience,” Black Cultural Zone CEO C…

Euphoric activists and politicians were on Thursday announcing in Oakland the raising of more than $100 million by the Rise East organization that would benefit East Oakland residents. The city’s new mayor, Barbara Lee, said this represents a new beginning focused on residents, which is a great effort that has been made. According to the Youth Uprising organization in East Oakland, the majority of those who have the least resources reside. This …