The city of Oakland has provided one AFI grant since 2007, with the objective of increasing homeownership, small business, and education opportunities in targeted neighborhoods in Oakland, CA.
The city of Oakland emphasizes homeownership, business, and higher education opportunities in targeted neighborhoods in Oakland, CA. The city has been successful in collaborating with partners, providing financial education, and enrolling participants.
Partners
The city of Oakland partners with EARN, Unity Council, LAO Family Community Development, Project Choice Academy, Lower San Antonio Collaborative, Consumer Credit Counseling Services of the East Bay, Lifetime, Habitat for Humanity, Operation Hope, Oakland Business Development Corporation, City of Oakland Homeownership Program, West Oakland Homeownership Assistance Center, Peoples Community Partnership Credit Union, Oakland Housing Authority, United Way of the Bay Area, and National Economic Development Law Center to provide data management, evaluation, outreach, recruiting, and technical assistance.
Assets for Independence Grant History
Project Title
Oakland City-Wide Families Building Wealth IDA Program
Highlights/Outcomes
154 IDAs have been opened.
159 participants have received financial education.
$201,166 saved by participants.
58 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$250,000
Total Non-Federal Support: $789,900
Focus Population
The city of Oakland targets low- and moderate-income families in the Lower San Antonio, Fruitvale, and West Oakland neighborhoods in Oakland, CA.
Contact
City of Oakland
150 Frank H. Ogawa Plaza 4th Floor, Ste. 4340 Oakland, CA 94612
(510) 238-3597 www.oaklandCap.org
