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Anthony Reese Graduates with MBA from DeVry

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Business professional Anthony J. Reese recently graduated from the Keller School of Management of DeVry University receiving his Master of Business Administration (MBA) in accounting. For Reese, a real estate agent for the City of Oakland, striving for academic success holds a deeper meaning. Though he battled with dyslexia throughout high school and college, he was determined to not let that challenge stand in his way. He earned his bachelor degree in mass communications and was motivated to work his way up in the real estate industry. For almost 20 years, Reese has helped clients through his business Apex Real Estate Consulting Service. Delivering a commencement speech to fellow graduates and faculty at his graduation in February, he was compelled to share his story of struggling with a learning disability, proving that anything is possible with hard work, commitment, and a desire to be successful. “I set a goal,” he said. “I went back to school and 28 years after graduating from high school. I’m graduating with a [MBA], and I’m still that same special education student” “As graduation drew near, my friends starting asking me: ‘What are you going to do now?’ As I meditated on this question, I thought it would be a great theme for [this occasion.] – Now what? “Now that we’ve graduated, now that we’re prepared, now that we are masters of our given trade, I ask you, now what? Are we simply looking forward to our next promotion, or was our goal just to elevate ourselves, above others, as evidenced by the acronyms that will now follow our last names?” he asked his fellow graduates. Reese is proud he has earned his MBA and wants to set an example for young people. “I have to show the kids that there is more than one road that leads to what some perceive as success,” he said.

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Oakland Housing and Community Development Department Awards $80.5 Million to Affordable Housing Developments

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Special to The Post

The City of Oakland’s Housing and Community Development Department (Oakland HCD) announced its awardees for the 2024-2025 New Construction of Multifamily Affordable Housing Notice of Funding Availability (New Construction NOFA) today Five permanently affordable housing developments received awards out of 24 applications received by the Department, with award amounts ranging from $7 million to $28 million.

In a statement released on Jan. 16, Oakland’s HCD stated, “Five New Construction Multifamily Affordable Housing Development projects awarded a total of $80.5 million to develop 583 affordable rental homes throughout Oakland. Awardees will leverage the City’s investments to apply for funding from the state and private entities.”

In December, the office of Rebecca Kaplan, interim District 2 City Councilmember, worked with HCD to allocate an additional $10 Million from Measure U to the funding pool. The legislation also readopted various capital improvement projects including street paving and upgrades to public facilities.

The following Oakland affordable housing developments have been awarded in the current round:

Mandela Station Affordable

  • 238 Affordable Units including 60 dedicated for Homeless/Special Needs
  • Award: $15 million + previously awarded $18 million
  • Developer: Mandela Station LP (Pacific West Communities, Inc. and Strategic Urban Development Alliance, LLC)
  • City Council District: 3
  • Address: 1451 7th St.

Liberation Park Residences

  • 118 Affordable Units including 30 dedicated for Homeless/Special Needs
  • Award: $28 million
  • Developer: Eden Housing and Black Cultural Zone
  • City Council District: 6
  • Address: 7101 Foothill Blvd.

34th & San Pablo

  •  59 Affordable Units including 30 dedicated for Homeless/Special Needs
  • Award: $7 million
  • Developer: 34SP Development LP (EBALDC)
  • City Council District: 3
  • Address: 3419-3431 San Pablo Ave.

The Eliza

  • 96 Affordable Units including 20 dedicated for Homeless/Special Needs
  • Award: $20 million
  • Developer: Mercy Housing California
  • City Council District: 3
  • Address: 2125 Telegraph Ave.

3135 San Pablo

  • 72 Affordable Units including 36 dedicated for Homeless/Special Needs
  • Award: $10.5 million
  • Developer: SAHA and St. Mary’s Center
  • City Council District: 3
  • Address: 3515 San Pablo Ave.

The source of this story is the media reltations office of District 2 City Councilmember Rebecca Kaplan.

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Activism

Oakland Housing and Community Development Department Awards $80.5 Million to Affordable Housing Developments

In a statement released on Jan. 16, Oakland’s HCD stated, “Five New Construction Multifamily Affordable Housing Development projects awarded a total of $80.5 million to develop 583 affordable rental homes throughout Oakland. Awardees will leverage the City’s investments to apply for funding from the state and private entities.”

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Rebecca Kaplan, interim District 2 city councilmember. File photo.
Rebecca Kaplan, interim District 2 city councilmember. File photo.

Special to The Post

The City of Oakland’s Housing and Community Development Department (Oakland HCD) announced its awardees for the 2024-2025 New Construction of Multifamily Affordable Housing Notice of Funding Availability (New Construction NOFA) today Five permanently affordable housing developments received awards out of 24 applications received by the Department, with award amounts ranging from $7 million to $28 million.

In a statement released on Jan. 16, Oakland’s HCD stated, “Five New Construction Multifamily Affordable Housing Development projects awarded a total of $80.5 million to develop 583 affordable rental homes throughout Oakland. Awardees will leverage the City’s investments to apply for funding from the state and private entities.”

In December, the office of Rebecca Kaplan, interim District 2 City Councilmember, worked with HCD to allocate an additional $10 Million from Measure U to the funding pool. The legislation also readopted various capital improvement projects including street paving and upgrades to public facilities.

The following Oakland affordable housing developments have been awarded in the current round:

Mandela Station Affordable

  • 238 Affordable Units including 60 dedicated for Homeless/Special Needs
  • Award: $15 million + previously awarded $18 million
  • Developer: Mandela Station LP (Pacific West Communities, Inc. and Strategic Urban Development Alliance, LLC)
  • City Council District: 3
  • Address: 1451 7th St.

Liberation Park Residences

  • 118 Affordable Units including 30 dedicated for Homeless/Special Needs
  • Award: $28 million
  • Developer: Eden Housing and Black Cultural Zone
  • City Council District: 6
  • Address: 7101 Foothill Blvd.

34th & San Pablo

  •  59 Affordable Units including 30 dedicated for Homeless/Special Needs
  • Award: $7 million
  • Developer: 34SP Development LP (EBALDC)
  • City Council District: 3
  • Address: 3419-3431 San Pablo Ave.

The Eliza

  • 96 Affordable Units, including 20 dedicated for Homeless/Special Needs
  • Award: $20 million
  • Developer: Mercy Housing California
  • City Council District: 3
  • Address: 2125 Telegraph Ave.

3135 San Pablo

  • 72 Affordable Units including 36 dedicated for Homeless/Special Needs
  • Award: $10.5 million
  • Developer: SAHA and St. Mary’s Center
  • City Council District: 3
  • Address: 3515 San Pablo Ave.

The source of this story is media reltations office of District 2 City Councilmember Rebecca Kaplan.

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Alameda County

Oakland Acquisition Company’s Acquisition of County’s Interest in Coliseum Property on the Verge of Completion

The Board of Supervisors is committed to closing the deal expeditiously, and County staff have worked tirelessly to move the deal forward on mutually agreeable terms. The parties are down to the final details and, with the cooperation of OAC and Coliseum Way Partners, LLC, the Board will take a public vote at an upcoming meeting to seal this transaction.

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Alameda County Board of Supervisors Chairman David Haubert. Official photo.

Special to The Post

The County of Alameda announced this week that a deal allowing the Oakland Acquisition Company, LLC, (“OAC”) to acquire the County’s 50% undivided interest in the Oakland- Alameda County Coliseum complex is in the final stages of completion.

The Board of Supervisors is committed to closing the deal expeditiously, and County staff have worked tirelessly to move the deal forward on mutually agreeable terms. The parties are down to the final details and, with the cooperation of OAC and Coliseum Way Partners, LLC, the Board will take a public vote at an upcoming meeting to seal this transaction.

Oakland has already finalized a purchase and sale agreement with OAC for its interest in the property. OAC’s acquisition of the County’s property interest will achieve two longstanding goals of the County:

  • The Oakland-Alameda Coliseum complex will finally be under the control of a sole owner with capacity to make unilateral decisions regarding the property; and
  • The County will be out of the sports and entertainment business, free to focus and rededicate resources to its core safety net

In an October 2024 press release from the City of Oakland, the former Oakland mayor described the sale of its 50% interest in the property as an “historic achievement” stating that the transaction will “continue to pay dividends for generations to come.”

The Board of Supervisors is pleased to facilitate single-entity ownership of this property uniquely centered in a corridor of East Oakland that has amazing potential.

“The County is committed to bringing its negotiations with OAC to a close,” said Board President David Haubert.

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