San Francisco Chronicle: $100 million investment set for an Oakland neighborhood

The initiative, Rise East, is a 10-year venture that will focus on a roughly 40-square-block stretch of East Oakland, from Seminary Avenue to the Oakland-San Leandro border and from the MacArthur Freeway to the bay. That area is home to one-third of the city’s overall Black population — half of which is low-income, according to Rise East organizers. The initiative is led by four Oakland-based nonprofits: Black Cultural Zone, Brotherhood of Elders Network, East Oakland Youth Development Center and Roots Community Health Center. The group plans to continue raising money for the initiative.