prosperity place outside

About The Property

In partnership with the East Bay Asian Local Development Corporation (EBALDC), the Oakland Housing Authority pursued a new 100% affordable family development at 11th Street & Jackson Street in Downtown Oakland.

The site was acquired by the Oakland Housing Authority and the current proposal is to develop 71 apartments for low-income families along with ground floor commercial space.

  • The Building

Site Address: ​188 11th Street, Oakland CA 94607
​Units: ​Up to 71 one-, two-, and three-bedroom homes
Green Building: GreenPoint Rating LEED Platinum Section 3 Employment: The development was subject to Section 3 requirements – there were 23 Section 3 hires
Completion Date: Winter 2017
Planned Use: Affordable Family Rental Housing and Asian Health Services will operate a dental/health clinic on the ground floor

  • The People

Landowner: Oakland Housing Authority
Project Partner: ​East Bay Asian Local Development CorporationPopulation(s) Served: Very Low-Income Households with 30%, 35%, and 50% AMI
Section 3: The development was subject to Section 3 requirements – and there were 17 Section 3 hires
​Population(s) Served: ​ Families and individuals with special needs whose incomes are up to 60% of Area Median Income (AMI)

  • The Funding

​Development Cost: Approximately $39 Million