CDF has developed a wide range of tools to assist its clients and customers, including loans, financial literacy training/coaching, payments assistance, check cashing, wiring money, etc. These financial services, which mostly are provided at a greatly reduced price or at no price, have proven very helpful to our customers and clients. But we have never had grant-making capacity as one of those tools.
Alameda County’s Community Development Agency awarded CDF $535,000 in August 2022 to create a low-cost financial services program in an unincorporated area of the county (Cherryland and Ashland). The funds are to be used to create a new store to offer a range of low-cost financial services including lending, financial coaching, check cashing and related […]
Teachers Rooted in Oakland (TRiO): A Partnership Between the Oakland Mayor’s Office, Community Development Finance (CDF), Oakland Unified School District (OUSD), DGI, and Philanthropic Partners Our Mission: To advance educational equity by addressing the cost of living and providing affordable housing to increase the recruitment & retention of highly skilled and committed Black, Latinx, and […]
There has been a great deal of discussion about the lack of affordable housing, nonprofit office space, homeless housing and artists’ housing in Oakland due to the tragic warehouse fire, the issues associated with SROs and their conversions, the need for broader community development options and programs, the lack of good jobs, problems faced by small businesses, bank closures, and the overall increasing pressures from gentrification including rent and housing sales price increases. These same conditions exist throughout the Bay Area for the most part. Many excellent solutions presently exist and are in operation, and many excellent recommendations have been made. …The need for additional strategies and a more encompassing approach have become clear from several recent events….