East Bay Asian Local Development Corporation

What East Bay Asian Local Development Corporation does

East Bay Asian Local Development Corporation (EBALDC) is a nonprofit community development corporation founded in 1974 and headquartered in Oakland, California. With 101-250 employees and over 50 years of operating history, it is the largest nonprofit provider of affordable housing in Oakland and the largest nonprofit commercial landlord in the East Bay. The organization develops and manages 2,300 affordable housing units across 25 residential buildings and 187,000 square feet of commercial real estate, serving more than 6,000 residents and 114 small businesses and nonprofits annually. Its mission emphasizes its historic and continuing commitment to Asian and Pacific Islander communities while serving the broader diverse populations of the East Bay.

EBALDC operates through four integrated service lines: affordable housing development (including senior, supportive, and transit-oriented housing), property management of its residential and commercial portfolios, commercial real estate leasing at below-market rates to community-serving nonprofits and small businesses, and community building programs encompassing resident leadership development, youth services, SparkPoint Oakland financial coaching, and food security initiatives. The organization co-develops projects with partners including Abode Housing Development (supportive housing) and Related California (Jack London Square), and partners with BART on transit-oriented developments at the Lake Merritt/Chinatown station.

Revenue derives from a mix of government grants and contracts (federal, state, and local sources including US DOT, City of Oakland, Alameda County, and BART), project-level debt financing (e.g., $90.5 million from Capital One), donations and charitable contributions, below-market commercial rental income, and development/management fees. EBALDC is governed by a Board of Directors chaired by Leslie Francis (Kaiser Permanente VP) and led by CEO Janelle Chan. Its go-to-market model is community-led: resident engagement through Resident Leadership Councils, neighborhood collaborations, and direct service delivery rather than traditional sales channels. The organization is currently expanding its geographic footprint beyond the East Bay into Milpitas via a VTA transit-oriented development partnership and has an active pipeline exceeding 389 housing units in development.

Name

East Bay Asian Local Development Corporation

Legal name

East Bay Asian Local Development Corporation

Website

https://ebaldc.org

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

101–250 employees

Short description

East Bay Asian Local Development Corporation (EBALDC) is a 50-year-old Oakland-based nonprofit that develops and manages 2,300 affordable housing units and 187,000 sq ft of commercial space, serving 6,000+ residents and 114 small businesses annually as the East Bay's largest nonprofit affordable housing provider and commercial landlord.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industry

Residential Affordable Housing Development & Construction (IMAFABAI)

Keywords

• Affordable housing development
• Property management services
• Commercial real estate leasing
• Community development programs
• Nonprofit housing services

Headquarters

HQ city

Oakland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Government Grants and Contracts: EBALDC receives significant government funding from federal, state, and local sources including CalHFA, BART, and city agencies for affordable housing development and community programs.
2. Donations and Charitable Contributions: Individual and organizational donations support EBALDC's operations and programs, including year-end giving campaigns and matching gifts programs.
3. Commercial Real Estate Rental Income: EBALDC operates as the East Bay's largest nonprofit commercial landlord, collecting below-market rent from over 100 small businesses and nonprofits in their commercial properties.
4. Real Estate Development Fees: Development and management fees from affordable housing projects including The Phoenix, Margaret Gordon West Port, and various TOD projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

EBALDC develops and manages affordable housing communities for low-income residents, seniors, and families across the East Bay. It operates 25 residential buildings with 2,300 affordable housing units and acts as the East Bay's largest nonprofit commercial landlord, leasing below-market space to over 100 small businesses and nonprofits. The organization also delivers community building programs including youth development, resident leadership councils, financial coaching (SparkPoint Oakland), and food distribution services.

Product overview

EBALDC is a nonprofit community development organization (not a technology company) that offers a portfolio of community development services organized around affordable housing development, property management, commercial real estate, and community building programs. The organization operates as a single integrated service model rather than a platform-plus-modules architecture. Its core offerings include affordable housing development and management, commercial real estate with below-market tenants, SparkPoint Oakland financial services, and resident/youth leadership programs. These services work together to provide end-to-end community developmentsupport from housing to economic empowerment.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Development

Quantifiable outcome

• 6,000+ residents served annually
• +5 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered minor and core.

• ShopRiteminorGTM or Marketing Partner · 27 February 2026Community partner for food distribution programs at Lion Creek Crossing. ShopRite provides food donations and shopping bag contributions supporting EBALDC's food pantry initiatives.
• Hometown GroceriesminorGTM or Marketing Partner · 27 February 2026Community partner providing food donations for EBALDC's food distribution and pantry programs at Lion Creek Crossing.
• Santa Clara Valley Transportation Authority (VTA)coreStrategic or Co-development Partner · 17 October 2025EBALDC selected by VTA for Great Mall Station Transit-Oriented Development project in Milpitas, California to develop affordable housing at this transit hub.
• Abode Housing DevelopmentcoreStrategic or Co-development Partner · 15 April 2025Partnership with Abode Housing Development on multiple affordable housing projects in West Oakland including The Phoenix (100 supportive housing units) and Margaret Gordon West Port (58 units). Abode brings expertise in supportive housing models that combine affordable homes with services to end homelessness.
• Bay Area Mural Program (BAMP)minorGTM or Marketing Partner · 15 April 2025Created three murals at The Phoenix affordable housing site honoring the site's history, including murals of Captain William T. Shorey and Pullman Railroad Porters.
• NeighborWorksminorStrategic or Co-development Partner · 4 December 2024Provided Community Leadership Institute training to five EBALDC Resident Leadership Council members, joining community leaders from across the United States.
• California Natural Resources AgencyminorOthers · 4 December 2024Provided grant funding enabling EBALDC to take 165 K-12 students from East Oakland on 35 field trips to natural and cultural sites including Yosemite and San Francisco Exploratorium.
• City of Oakland Department of Transportation (OakDOT)coreStrategic or Co-development Partner · 16 November 2024Partner on Chinatown Complete Streets Plan to improve pedestrian safety, bicycle infrastructure, and street accessibility. Co-hosted Flow & Flourish community engagement event.
• Sticky Rice ClubminorGTM or Marketing Partner · 16 November 2024Community partner co-hosting Flow & Flourish Chinatown Complete Streets engagement event.
• Oakland BloomminorGTM or Marketing Partner · 16 November 2024Community partner co-hosting Flow & Flourish Chinatown Complete Streets engagement event.
• Related CaliforniacoreStrategic or Co-development Partner · 29 October 2024Joint venture with Related California (Irvine-based builder) to develop three affordable apartment buildings totaling 192 units at 430 Broadway in Oakland's Jack London Square. Project on land owned by Alameda County.
• Alameda CountycoreStrategic or Co-development Partner · 29 October 2024Land owner for the 430 Broadway Jack London Square development site. County is partnering with EBALDC and Related California for the 192-unit affordable housing project.
• BART (Bay Area Rapid Transit District)coreStrategic or Co-development Partner · 25 October 2024Transit-oriented development partner for Chinatown TOD Senior Housing at Lake Merritt Station. BART Director Robert Raburn championed the project to restore Chinatown around the renamed Oakland Chinatown BART Station. EBALDC also works with BART on various TOD projects.

Scale indicators17 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• BRIDGE Housing: One of the largest nonprofit affordable housing developers in the Bay Area, developing and managing multifamily affordable communities across Northern California — directly comparable to EBALDC in mission, geography, and LIHTC-driven financing model.
• Eden Housing: Bay Area nonprofit affordable housing developer and operator with a portfolio of 13,000+ affordable homes — competes with EBALDC for the same LIHTC deals, municipal partnerships, and TOD opportunities in the East Bay and Silicon Valley.
• MidPen Housing: Foster City-based nonprofit that develops and manages affordable housing throughout Northern California — overlaps with EBALDC's footprint in the East Bay, uses similar LIHTC and public funding channels, and serves comparable low-income and senior populations.
• Mercy Housing: Large national nonprofit affordable housing developer operating in California with senior and family affordable housing — directly comparable to EBALDC's senior housing pipeline (Chinatown TOD) and supportive housing model (The Phoenix).
• Tenderloin Neighborhood Development Corporation (TNDC): San Francisco-based nonprofit providing affordable housing and resident services to low-income residents — same model as EBALDC, and notably the prior employer of EBALDC's EVP of Commercial Real Estate Felicia Scruggs, indicating talent and model overlap.
• Chinatown Community Development Center (CCDC): San Francisco nonprofit preserving and developing affordable housing in SF Chinatown — directly comparable to EBALDC's Asian-community-focused Chinatown TOD and BART station-area revitalization work in Oakland.
• Abode Housing Development: Bay Area nonprofit that builds and operates permanent supportive housing for people experiencing homelessness — EBALDC's direct co-development partner on The Phoenix (100 units) and Margaret Gordon West Port (58 units), making it a peer in supportive housing development and operations.
• Habitat for Humanity East Bay / Silicon Valley: East Bay affiliate of a national nonprofit building affordable homeownership and rental housing for low-income families — similar geographic footprint and affordable-housing focus as EBALDC, though oriented toward ownership rather than rental.

Emerging players

• Self-Help for the Elderly: San Francisco-based nonprofit providing senior services, housing, and culturally-responsive programs for Asian and Pacific Islander elders — closely comparable to EBALDC's senior housing and Asian-community focus, though primarily a service provider rather than real estate developer.

Broad incumbents

• Related California: Affordable and market-rate housing developer that is EBALDC's joint-venture partner on the 192-unit Jack London Square project; a broader incumbent player across California affordable housing that competes for LIHTC resources while also serving as a strategic capital partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/EBALDC
• LinkedInlinkedin.com/company/east-bay-asian-local-development-corporation
• Xx.com/ebaldc

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about East Bay Asian Local Development Corporation