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Oakland Program Distributes $500 to Families of Color

The assistance, which targets low-income families of color in the 426,000-population city, will last 18 months. Mayor Schaaf detailed that the money comes with “no-strings attached,” and recipients can use it as they please. “We have designed this demonstration project to add to the body of evidence and to begin this relentless campaign to adopt a guaranteed income federally,” Mayor Schaaf told the local ABC News station.

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In the middle of a worldwide awakening to the centuries-old racism and oppression suffered by Black people, some African Americans finally see tangible assistance – even if the help isn’t characterized as reparations.

Oakland, Calif., Mayor Libby Schaaf announced that the city would begin a guaranteed income project that would provide $500 per month to Black and Indigenous families.

The assistance, which targets low-income families of color in the 426,000-population city, will last 18 months.

Mayor Schaaf detailed that the money comes with “no-strings attached,” and recipients can use it as they please.

“We have designed this demonstration project to add to the body of evidence and to begin this relentless campaign to adopt a guaranteed income federally,” Mayor Schaaf told the local ABC News station.

The station reported that, for the project, the Oakland Resilient Families program has so far raised $6.75 million from private donors, including Blue Meridian Partners, a national philanthropy group.

The programs require residents have at least one child under 18 and income at or below 50 percent of the area median income – about $59,000 per year for a family of three.

Half the spots are reserved for people who earn below 138 percent of the federal poverty level or about $30,000 per year for a family of three, ABC reported. Participants are randomly selected from a pool of applicants who meet the eligibility requirements.

The report noted that Oakland’s project is significant because it is one of the most outstanding efforts in the U.S. so far, targeting up to 600 families. And it is the first program to limit participation strictly to Black, Indigenous, and people of color communities.

Oakland, where 24 percent of the residents are Black, is among a growing list of municipalities providing financial payments to people of color – or reparations.

Evanston, Illinois, a city where 18 percent of its more than 74,500 residents are Black, approved the Local Reparations Restorative Housing Program, which provides up to $25,000 for housing down payments or home repairs to African Americans.

In September, California Gov. Gavin Newsom signed into law historic legislation that paves the way for African Americans and descendants of slaves in the Golden State to receive reparations for slavery.

The bill, authored by California Assemblywoman Shirley Weber, establishes a nine-person task force that will study the impact of the slave trade on Black people.

It does not commit to any specific payment, but the task force will make recommendations to legislators about what kind of compensation should be provided, who should receive it, and what form it would take.

“After watching [the presidential] debate, this signing can’t come too soon,” Newsom declared during a videoconference with lawmakers and other stakeholders, including the rapper Ice Cube, who championed the bill.

“As a nation, we can only truly thrive when every one of us has the opportunity to thrive. Our painful history of slavery has evolved into structural racism and bias built into and permeating throughout our democratic and economic institutions,” the governor stated.

Last summer, Asheville, a North Carolina city where Black people make up just 11 percent of the more than 92,000 residents, formally apologized for its role in slavery. The City Council voted unanimously to provide reparations to African American residents and their descendants.

“Hundreds of years of Black blood spilled that fills the cup we drink from today,” said Councilman Keith Young, one of two African American members of the City Council that voted 7-0 in favor of reparations.

“It is simply not enough to remove statutes. Black people in this country are dealing with systemic issues,” Young declared.

Asheville’s resolution doesn’t include monetary payments to African Americans but promises investments in areas where Black people face disparities.

Earlier this year, Congress debated H.R. 40, a bill that doesn’t place a specific monetary value on reparations but focuses on investigating and presenting the facts and truth about the unprecedented centuries of brutal enslavement of African people, racial healing, and transformation.

The bill would fund a commission to study and develop proposals for providing reparations to African Americans.

The commission’s mission includes identifying the role of federal and state governments in supporting the institution of slavery, forms of discrimination in public and private sectors against freed slaves and their descendants, and lingering adverse effects of slavery on living African Americans and society.

Congresswoman Jackson Lee, who sits on numerous House committees, including the Judiciary, Budget, and Homeland Security, has made the reparations legislation her top priority during the 117th Congress.

“I think if people begin to associate this legislation with what happened to the descendants of enslaved Africans as a human rights violation, the sordid past that violated the human rights of all of us who are descendants of enslaved Africans, I think that we can find common ground to pass this legislation,” Congresswoman Jackson Lee pronounced.

The project in Oakland targets groups with the city’s most significant wealth disparities.

According to CNN and per the Oakland Equality Index, the median income for White households in Oakland to be nearly three times that of Black homes.

“The poverty we all witness today is not a personal failure. It is a systems failure,” Schaaf remarked. “Guaranteed income is one of the most promising tools for systems change, racial equity, and economic mobility we’ve seen in decades.”

Two years ago, 100 residents in Stockton, California, began receiving unconditional $500 payments, CNN reported. Other initiatives in Newark, New Jersey, and Atlanta, Georgia, were launched as recently as 2020.

Former Stockton Mayor, Michael Tubbs, is the founder of Mayors for a Guaranteed Income, a network of advocating mayors founded in 2020.

Oakland Mayor Schaaf is also a founding member of the network.

“One of my hopes in testing out a guaranteed income is that other cities would follow suit, and I’m thrilled that Oakland is among the first,” Tubbs told CNN.

“By focusing on BIPOC residents, the Oakland Resilient Families program will provide critical financial support to those hardest hit by systemic inequities, including the pandemic’s disproportionate toll on communities of color.”

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Oakland Post: Week of February 25 – March 3, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 25 – March 3, 2026

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Chase Oakland Community Center Hosts Alley-Oop Accelerator Building Community and Opportunity for Bay Area Entrepreneurs

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

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Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.
Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.

By Carla Thomas

The Golden State Warriors and Chase bank hosted the third annual Alley-Oop Accelerator this month, an empowering eight-week program designed to help Bay Area entrepreneurs bring their visions for business to life.

The initiative kicked off on Feb. 12 at Chase’s Oakland Community Center on Broadway Street, welcoming 15 small business owners who joined a growing network of local innovators working to strengthen the region’s entrepreneurial ecosystem.

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

At its core, the accelerator is designed to create an ecosystem of collaboration, where local entrepreneurs can learn from one another while accessing the resources of a global financial institution.

“This is our third year in a row working with the Golden State Warriors on the Alley-Oop Accelerator,” said Jaime Garcia, executive director of Chase’s Coaching for Impact team for the West Division. “We’ve already had 20-plus businesses graduate from the program, and we have 15 enrolled this year. The biggest thing about the program is really the community that’s built amongst the business owners — plus the exposure they’re able to get through Chase and the Golden State Warriors.”

According to Garcia, several graduates have gone on to receive vendor contracts with the Warriors and have gained broader recognition through collaborations with JPMorgan Chase.

“A lot of what Chase is trying to do,” Garcia added, “is bring businesses together because what they’ve asked for is an ecosystem, a network where they can connect, grow, and thrive organically.”

This year’s Alley-Oop Accelerator reflects that vision through its comprehensive curriculum and emphasis on practical learning. Participants explore the full spectrum of business essentials including financial management, marketing strategy, and legal compliance, while also preparing for real-world experiences such as pop-up market events.

Each entrepreneur benefits from one-on-one mentoring sessions through Chase’s Coaching for Impact program, which provides complimentary, personalized business consulting.

Garcia described the impact this hands-on approach has had on local small business owners. He recalled one candlemaker, who, after participating in the program, was invited to provide candles as gifts at Chase events.

“We were able to help give that business exposure,” he explained. “But then our team also worked with them on how to access capital to buy inventory and manage operations once those orders started coming in. It’s about preparation. When a hiccup happens, are you ready to handle it?”

The Coaching for Impact initiative, which launched in 2020 in just four cities, has since expanded to 46 nationwide.

“Every business is different,” Garcia said. “That’s why personal coaching matters so much. It’s life-changing.”

Participants in the 2026 program will each receive a $2,500 stipend, funding that Garcia said can make an outsized difference. “It’s amazing what some people can do with just $2,500,” he noted. “It sounds small, but it goes a long way when you have a plan for how to use it.”

For Chase and the Warriors, the Alley-Oop Accelerator represents more than an educational initiative, it’s a pathway to empowerment and economic inclusion. The program continues to foster lasting relationships among the entrepreneurs who, as Garcia put it, “build each other up” through shared growth and opportunity.

“Starting a business is never easy, but with the right support, it becomes possible, and even exhilarating,” said Oscar Lopez, the senior business consultant for Chase in Oakland.

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Oakland Post: Week of February 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 18 – 24, 2026

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