The Bay
$100 Million Is Coming to Deep East Oakland
Oct 11, 2024
Olivia Cruz Maeda, a reporter behind the KQED docuseries 'Deep Down', discusses a transformative $100 million investment in Deep East Oakland. She shares the community's rich history, emphasizing resilience amid challenges like disinvestment and the crack epidemic. The conversation highlights residents' aspirations for local improvements, focusing on combatting homelessness and fostering economic growth. With the community deciding how to use the funding, optimism flourishes as they aim to reclaim and revitalize their neighborhood.
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Quick takeaways
- The $100 million investment in Deep East Oakland aims to empower residents by allowing them to decide how to utilize funds for community needs.
- Community leaders emphasize the importance of creating culturally enriching spaces to foster pride, joy, and safety for future generations.
Deep dives
Investment and Community Empowerment in Deep East Oakland
Deep East Oakland, historically marginalized and affected by disinvestment, is now seeing a significant $100 million investment aimed at revitalization. This funding comes from Blue Meridian Partners, which offers a matching fund model to encourage local community engagement. Local residents, including figures like Carolyn Johnson, are taking charge to ensure the investment benefits the community, particularly focusing on housing, small business development, and cultural projects. The goal is to create spaces owned by and for the community, allowing residents to play a pivotal role in shaping the future of their neighborhoods.
