Officials in Oakland celebrated the opening of The Black Panther, a 100% affordable housing project for low-income and formerly incarcerated residents. Located at 1670 Seventh St., the complex includes ground-floor businesses and residential units with views of San Francisco Bay and the Oakland hills, just three blocks from the nearest BART station.
Elaine Brown, former chairwoman of the Black Panther Party, raised $80 million for the 79-unit development. Brown emphasized the importance of fighting for what people deserve, reflecting the project's mission. She is also the CEO of Oakland & the World Enterprises, Inc., a nonprofit dedicated to launching for-profit businesses for cooperative ownership by formerly incarcerated individuals and others facing economic barriers.
The building is designed with green features, focusing on energy efficiency through rooftop solar panels, efficient appliances, elevators, and mechanical systems. The design is a collaboration between the local nonprofit Oakland and the World Enterprise and community developer McCormack Baron Salazar, resulting in a five-story apartment building that includes residential, community, and commercial spaces.
Elaine Brown is a notable figure, having served as Minister of Information and Chairman of the Black Panther Party. She authored "A Taste of Power" and "The Condemnation of Little B." Brown has also been instrumental in the release of Michael Lewis, wrongly convicted at 13, who was freed after 27 years due to her efforts.
The demand for housing in the complex is high, with about 7,500 applicants. To qualify, residents must have an income at or below 30% of the area's median income.
Link: NBC Bay Area
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