Community Control or Community Crisis, WE DECIDE! ✊🏾
Going DEEP on land usage | We're hiring! | RSVP for our Annual Member Meeting
Interview: Rethinking our Way Out of the Affordable Housing Crisis
The astronomical price of housing is the root source of so many of the Bay Area’s most pressing problems and bitter battles. A problem so big begs for big ideas.
EB PREC's big idea is featured in Monday's episode of KQED's Forum with Alexis Madrigal. In this show, Noni and Alexis explore approaches to spur the creation of affordable housing by fundamentally changing the way we think of land and property ownership. They chat with Lars Doucet about the new popularity of an old idea – taxing the value of land instead of the property on it – and about the growing community land trust movement. Listen to the Interview
Going DEEP with DAP!
EB PREC’s Displacement Avoidance Project (DAP) team is excited to share our new video-blog that highlights the lived experiences of Deep East Oakland residents, the work we’re doing, and resources we’re gathering to help folks stay rooted in the East Bay.
Follow @ketaprice, AKA The Hood Planner @hoodplanninggroup, as she demonstrates what community-led climate resilience looks like in neighborhoods that have been historically disinvested like Deep East Oakland.
Let us know what you think, and check out our other video resources and trainings on our youtube channel using the button below.
Recap: Our first Pippin St. BBQ
Last week, we co-hosted a barbecue with residents at our latest liberated property on Pippin St.! A plethora of delicious dishes were cooked up and residents shared horror stories about the neglectful landlords they've dealt with while living over their collective 10 years or residency. We discussed what the path to resident-ownership looks like in EB PREC, and how residents will collectively manage Pippin St. together to ensure that their housing remains permanently affordable and their needs are met as tenants & co-owners.
EB PREC is beginning the process of renovating units at Pippin St. to address the nearly $750,000 of deferred maintenance left behind by a series of absentee landlords. We're excited to share updates with you all as we make progress!
Celebrate 5 years of Co-ownership!
Our Annual Members Meeting is quickly approaching! Come see how we've grown, make important decisions together, and share in a cooperative experience. This event will feature entertainment, delicious food, drinks, and a gallery walk showcasing what we've accomplished over the last five years with your support (it's a lot)!
DATE: Saturday, December 2nd, 2023, from 2:00pm-5:00pm
LOCATION: 1255 7th St, Oakland, CA 94607
RSVP HERE: https://allowners.eventbrite.com
This year's program will cover some fun and important topics:
- EB PREC's accomplishments over the last five years.
- Staff Circle highlights from 2022-3
- Reviewing our financials
- Discuss bylaw changes for voting
- Hear from Resident/Investor Owners and Owner Groups
This event is open to all EB PREC members. Not a member?Join EB PREC as a Community Owner or indicate your interest in becoming an Investor Owner. You need to be a member for 30 days to vote, but you can still participate in the meeting! You'll also have the opportunity to sign up for Community Ownership at the door. RSVP for the Event!
We're hiring! Come work with us!
We're looking for TWO new staff members to join our collective. Check out the job descriptions below and share this within your network if you know someone who might be a good fit! The priority deadline for the Development & Grant Writing Associate is Dec. 11th. The priority deadline to apply for the Real Estate and Finance Analyst is Jan. 3rd.The Development & Grant Writing Associate’s main purpose is to support the ongoing writing, communications, reporting and administrative work of the Money and Communications Circles (departments). This support position plays a vital role in assisting with the high functioning and fast-paced workloads of the Money & Comms Circles. You’ll support our work to communicate our transformative vision to the Funder & Investor communities and the general public, as well as support our fundraising and investment campaigns with your excellent writing & editing skills. You’ll also support the efficient & smooth inner workings of our internal processes & infrastructure for Money and Comms, like our Funder relationship management, donor tracking, note-taking process, and email systems. View the full job description here.
The Real Estate & Finance Analyst will support our staff and membership by providing the financial & technical tools and know-how to analyze, finance, and acquire real estate assets within the EB PREC model. They will work closely with our Real Estate and Finance teams, as well as groups of EB PREC members working toward property acquisitions. In collaboration with other staff, they will help analyze and troubleshoot projects for financial feasibility, work through scenarios with stakeholders, develop project concepts and prepare projects for acquisition, conduct site visits and assess physical conditions, identify and acquire financing, engage with sellers and realtors in the acquisition process, and manage assets in our portfolio. They will also support the Executive team with organization-wide financial planning and fund management. View the full job description here.
Co-operate at Esther's Orbit Room!
Thank you to everyone who responded to our food operators RFP for EB PREC's flagship project, Esther's Orbit Room! We will soon be selecting one anchor operator and up to four emerging operators. If you didn't get to respond to the RFP for Founding Food Operators, you can still fill out the interest form by CLICKING HERE.
Esther's Orbit Room & Cultural Arts Center will become a cultural and economic asset for Oakland and the Black Arts Community for generations to come. Our commercial & residential programming is developed in partnership with West Oakland residents, neighborhood organizations, and local culture-keepers who are committed to developing and implementing a cooperative vision for the space. Have you seen our online orientation with a short virtual tour of Esther's?Check it out on the Esther's Web page or click the button below:
