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PRESS ROOM: HBCU-focused Opportunity Zone Fund is the First of its Kind to Direct Mixed-Used Development in HBCU Communities

MILWAUKEE COURIER — A majority of Historically Black College Universities (HBCUS) are located in low-income communities.

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By Nyesha Stone

When our people weren’t allowed into certain universities, we created are own. But, fast forward, a majority of Historically Black College Universities (HBCUS) are located in low-income communities, and lack the opportunity to gain big investors. But times are changing.

Last year, Congress established a section in The Tax Cuts and Jobs Act that allows taxpayers to take advantage of Opportunity Funds. The goal of the investment is to encourage direct resources to low-income communities—known as Qualified Opportunity Zones—through a more market-driven strategy.

Through these investments, low-income communities can gain opportunities such as a grocery store in a food dessert, medical offices and restaurants. The funds are meant to push investors to invest in areas they tend to ignore or are hesitant about.

According to Accounting Today, there are three tax incentives for investors: “Deferral of capital gain; Possible reduction of the amount of gain realized through a basis adjustment; and, Possible permanent exclusion of gain on the appreciation for the interest in a Qualified Opportunity Fund.”

Half of the country’s HBCUs and a majority of Black communities are located within the 8,700 federally designated zones, according to a press release. With this opportunity, the HBCU Community Development Action Coalition (CDAC) established the first HBCU-focused Opportunity Fund to jump-start reinvestment in and around HBCUs through The Renaissance HBCU Opportunity Fund.

Ron Butler, president of the HBCU CDAC, said the opportunity zones can be whatever the community wants.

“Everything we do as a collation starts with the community,” said Butler. “It’s all about the community and the campus.”

Butler remembers attending Howard in his younger days and not having the option to go get a cup of coffee or even a slice of pizza. But with funding, the opportunities of what is on and around campus is endless.

“It’s really a major effort to attract a big capital to underserved communities,” Butler said about the potential impact the Fund may have.

According to a press release, the Fund has been selected to receive support from the Kresge and Rockefeller Foundations through the Opportunity Zones Incubator. It will provide technical assistance to help get the Fund to market.

The Fund was made possible from the partnership between the HBCU CDC and Renaissance Equity Partners, which will pursue mixed-use projects that will attract business and create workforce housing opportunities targeted to junior faculty, staff, graduate students, and military veterans with GI Bill benefits, which was also stated in the press release.

To find out more about opportunity zones visit https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx

This article originally appeared in the Milwaukee Courier

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Bay Area

A Long Time Coming: School District Kicks Off Massive $97 Million Renovation of West Oakland’s McClymonds High School

The extensive project will involve the full modernization of the campus, including essential upgrades to building systems such as plumbing replacement (with lead abatement), seismic improvements, and modernization of heating, electrical, ventilation, and air conditioning systems. Indoor spaces will be updated with new flooring, wall treatments, and upgrades to classrooms, labs, shops, and sports locker rooms.

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Renderings of McClymond High School renovation. Courtesy image.
Renderings of McClymond High School renovation. Courtesy image.

‘We gather on sacred ground,’ said OUSD Supt. Denise Saddler

By Post Staff

After being stalled for many years, the massive $97 million renovation of McClymonds High School is finally breaking ground under the leadership of the district’s new superintendent, Dr. Denise Saddler, and backed by the unrelenting efforts of the school’s parents, students, school board members, community, and alumni.

The Oakland Unified School District (OUSD) held the groundbreaking ceremony on June 12 to kick off the three-year modernization project for McClymonds, a historic center of African American culture and educational opportunity in Oakland, located at 2607 Myrtle St. in West Oakland.

The overhaul will include seismic and environmental upgrades, a new turf field, and modernized campus facilities. The comprehensive transformation is financed by Measure Y, a $735 million general obligation bond approved by Oakland voters to renovate and upgrade aging school sites.

This renovation is considered a milestone for the West Oakland campus, which has operated in the same building since 1938 and has been in dire need of structural and plumbing safety remediation for years.

Speaking at the event, Supt. Denise Saddler said,

“We gather on sacred ground… that has shaped generations of Oakland leaders, scholars, artists, activists, entrepreneurs, educators like Mr. Herman Brown – one of our top math teachers. I also want to say it’s the historic home of the mighty Warriors (athletic teams). It’s a historic home of so many people.”

“This was, for Black people, our high school,” she continued “For more than a century, McClymonds has stood as a beacon of excellence in West Oakland and beyond. It’s not simply a school building; it’s a symbol of resilience, pride, community, and possibility.”

The superintendent said the legacy of McClymonds includes legendary alumni such as NBA player-coach Bill Russell, whose excellence transformed the game of basketball and whose courage helped transform the nation.

The school’s legacy also includes MLB players Frank ‘Judge’ Robinson and Curt Flood, basketball player Paul Silas and civic leaders including Lionel Wilson, a Superior Court judge and Oakland’s first African American mayor.

She emphasized that the groundbreaking was not only about honoring the past, but also about investing in the future.

“(It) represents Oakland’s commitment to the young people of West Oakland. It sends a powerful message that our students deserve facilities that match their brilliance, their talent and their dreams. “

The extensive project will involve the full modernization of the campus, including essential upgrades to building systems such as plumbing replacement (with lead abatement), seismic improvements, and modernization of heating, electrical, ventilation, and air conditioning systems. Indoor spaces will be updated with new flooring, wall treatments, and upgrades to classrooms, labs, shops, and sports locker rooms.

The cafeteria also will be reconfigured, and outdoor areas will feature a new grandstand, track and field upgrades, accessible field bathrooms and concessions, and updates to the plaza, garden, and outdoor gathering areas.

Mayor Barbara Lee, who attended the event, thanked Oakland voters for passing the Measure Y bond that is paying for the school’s renovation.

Renderings of McClymond High School renovation. Courtesy image.

Renderings of McClymond High School renovation. Courtesy image.

“It’s a good day – It’s a good news day,” she said. “The voters who (approved) Measure Y care about our young people. Today, we have the opportunity on this historic day to say, well done. Thank you to the voters for the facilities our community, our students, our teachers deserve.”

School Board member VanCedric Williams, whose district includes McClymonds, said that OUSD passed repeated school bond measures for decades, promising to renovate the school, but it did not happen.

“I just want to thank all the community (who) put pressure on the district to do right, to hold school board members accountable, and to really say, ‘We’re not going to take anything less than a renovation.’”

“When I first met Dr. Saddler, she said, ‘I have a commitment to McClymonds – I’m going to make it happen.’ And she has done something in one year that has not been done in 20 years. So, I have the belief that we’re going to get it done.”

Rising senior LaTanya Nolen, praised the school for the opportunities she has received and for the dedication of its staff.

“Every student here is treated like they matter and given opportunities to grow and build onto themselves,” she said. “We’ve gotten to do things like sports, field trips, college and career excursions, networking, and more. Our futures are taken seriously, and the people around us are always pushing us so that we are prepared for it.”

Parent Brejea Colthirst said, “Thank you to everyone who had a part in this, who helped make this possible. Together, we are building something special.”

Brian McGhee, popular McClymonds staff member and alumni, pledged to build on the strength of McClymonds’ traditions. “Mack is back.  We’re going to up the enrollment with this new school. We’re going to continue to know every student’s name who comes through this school. My job as a community manager is going to continue to provide resources for our families and our students, and continue to communicate with our parents, which is huge.”

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Bay Area

UC Berkeley Named Top Public University in the U.S. and No. 7 in the World by ‘U.S. News’

Berkeley has been consistently awarded the distinction of the U.S.’s top public university since the Best Global Universities list was first published in 2014. “A strong position in the Best Global Universities rankings recognizes a school’s profound commitment to world-class research and cross-border academic excellence,” said LaMont Jones, managing editor for education at U.S. News.

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Photo by Keegan Houser/UC Berkeley.
Photo by Keegan Houser/UC Berkeley.

The 2026 Best Global Universities rankings evaluated 2,250 research institutions from more than 100 countries

By Lila Thulin

U.S. News & World Report has ranked UC Berkeley No. 7 in its 2026 list of the best global universities, which assesses more than 2,250 research institutions worldwide.

Berkeley also claimed the honor of top public university in the U.S.

Released on Monday, the list evaluates universities from more than 100 countries on 13 metrics such as global and research reputation (as reported by academics and peers) and number of highly cited scholarly papers.

Berkeley has been consistently awarded the distinction of the U.S.’s top public university since the Best Global Universities list was first published in 2014.

“A strong position in the Best Global Universities rankings recognizes a school’s profound commitment to world-class research and cross-border academic excellence,” said LaMont Jones, managing editor for education at U.S. News.

The rankings also assess a university’s strength in various subject areas; these assessments are separate from U.S. News’ 2026 Best Graduate Programs rankings released in April.

This year, Berkeley was named in the top three nationally in seven subject areas – environment/ecology, ecology, water resources, physics, computer science, chemistry, and engineering – and in the top five for a total of 17 subjects. Subject rankings are based heavily on scholarly publications and citations as well as reputation.

In September, U.S. News also released its 2026 Best Colleges list, in which Berkeley was also named the No. 1 public institution among American universities.

That honor joins other accolades judging campus to be the best public university in the country, such as those from ForbesThe Wall Street Journal and Times Higher Education.

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Bay Area

IN MEMORIAM: Longtime OUSD Employee Debra King-Cooper, 73

Longtime OUSD Employee Debra King-Cooper, 73 Caption: Debra King-Cooper. Courtesy photo. Special to The Post Debra King-Cooper, a beloved mother, grandmother, queen, sister, church member, caregiver, and matriarch, transitioned peacefully on May 20 surrounded by family and love i

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Debra King-Cooper. Courtesy photo.
Debra King-Cooper. Courtesy photo.

Special to The Post

Debra King-Cooper, a beloved mother, grandmother, queen, sister, church member, caregiver, and matriarch, transitioned peacefully on May 20 surrounded by family and love in the comfort of her home. To her children, she was royalty, grace, strength, and unconditional love embodied.

Debra Diane Edgar was born on May 28, 1952, in San Francisco, California, to Charles Edgar Sr. and Mamie Arthur Edgar. She was raised alongside her younger brother, Charles Edgar Jr., affectionately known as “Little Brother” or “Lil Bruh.” She also shared close bonds with her older siblings Carol Edgar-Lang, Maryann Edgar Calloway, and Lonnie Lewis Sr.

A proud product of San Francisco’s historic Fillmore District, Debra attended Andrew Jackson Elementary School, where she met her lifelong best friend and adopted sister, Lynn Green, in the fifth grade. She later attended Robert Louis Stevenson Elementary School, Roosevelt Junior High School and Thomas Jefferson High School.

Debra’s mother transitioned when she was only 17 years old, and her father transitioned when she was 23. Despite these profound losses, Debra remained grounded through the love and support of extended family and lifelong family friends,

In 1971, she married Harold King. On Sept. 24, 1972, they welcomed their first son, Dajuan Artese King, affectionately called “Pop” or “Poppa.” On Aug. 5, 1976, they welcomed their second son, Dante Dupree King, affectionately called “Tay” or “Taboocoo the Baby.”

After her divorce in 1982, Debra assumed full responsibility for raising her sons.

She supported Dajuan’s passion for football by purchasing sports equipment and attending games faithfully. She supported Dante’s love of music by enrolling him in the San Francisco Boys Choir, Oakland Boys Choir, and the Castlemont Castleers.

Professionally, Debra built an exceptional career. She worked at Blue Shield of California from 1973 until 1994, earning multiple promotions.

She later joined the Oakland Unified School District, initially in a temporary role before being promoted into management within the Labor Relations Department. She retired from OUSD in 2015 after years of distinguished service. During her years at OUSD, she built meaningful friendships with her colleagues.

Faith was central to Debra’s life. During the 1980s, following personal hardship, she joined Love Center Church under the leadership of Bishop Walter Hawkins, where she brought her children regularly. She later became a member of Triumphant: A Church Without Walls Ministries under Pastor Dr. Larry Short, who became a beloved spiritual mentor.

After Triumphant closed in 1992, Debra joined Cosmopolitan Baptist Church in Oakland under the leadership of Pastor Larry Ashley, where she remained for the rest of her life.

At Cosmopolitan, she worked in numerous ministries. She served on the usher board, sang in the choir, participated in the AIDS ministry during the height of the HIV/AIDS epidemic, helped feed and support unhoused community members, and mentored and supported a group of young girls.

After retirement, she cared for older adults in her church community, driving them to appointments, cleaning their homes, managing finances, preparing meals, and helping families navigate funeral arrangements after loved ones transitioned.

Even while battling Stage 4 cancer herself, she continued caring for others.

Debra was preceded in death by her parents, Charles Edgar Sr. and Mamie Arthur Edgar; her brothers, Lonnie Lewis Sr. and Charles Edgar Jr.; her sisters, Maryann Edgar Calloway and Victoria Stephenson Knight; and her adopted mother, Clara Oliver.

She leaves to cherish her memory her beloved sons, Dajuan King and Dante King; grandson, Tiyler Dajuan Artese King; sister, Carol Edgar-Lang; goddaughters Monique Belle and Ricketa Matthews Jones (Leonard); daughter-in-love Quiona Sullivan; son-in-love Marcel Walker; sister-in-law Delores Lewis; adopted sisters and lifelong friends Lynn Green, Barbara Stephenson Hill, and Sarah Fine; a host of nieces, nephews, cousins, great-nieces, great-nephews, extended family members, her church family and dear friends.

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