CONTRACTAPPROVED

Town of Oakland Awards $8,000,000 Loan Forgiveness Contract to East Bay Asian Local Development (November 2025)

Disclosed value: $8,000,000; From minutes
Approved: Nov 18, 2025

What it covers

East Bay Asian Local Development Corporation granted $8 million loan forgiveness to preserve affordability and facilitate property sale.

Who holds it

East Bay Asian Local Development holds this loan forgiveness contract with Town of Oakland. Its other public contracts on record include work for City of Berkeley and Berkeley Housing Authority.

See who signed off on this $8M contract.

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Contract details

Contract type: Loan Forgiveness
Amount: $8,000,000
Document date: November 18, 2025
Term: NA
Vendor: East Bay Asian Local Development
Agency: Town of Oakland
Source document: oakland_special_community_economic_development_com.pdf (Minutes)

East Bay Asian Local Development's other public contracts

City of Berkeley, CaliforniaEBALDC awarded $5.4M housing infrastructure funds · May 20, 2025 Berkeley Housing Authority, CaliforniaEast Bay Asian Local Development Corporation awarded $125,000 for affordable housing project · Mar 20, 2025$125K Town of Oakland, Oklahomatown-of-oaklandagenda2024-05-30_73a.pdf · May 30, 2024$750K Town of Oakland, Oklahomatown-of-oaklandagenda2024-05-28_7ab.pdf · May 28, 2024$750K Oakland Housing Authority, NebraskaNegotiations Continue for Real Property at 51 Ninth Street · Dec 14, 2023Undisclosed All East Bay Asian Local Development contractsVendor profile

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Questions about this contract

Who was awarded the loan forgiveness contract by Town of Oakland?

East Bay Asian Local Development was awarded this loan forgiveness contract by Town of Oakland, as recorded on November 18, 2025. The contract value is $8,000,000.

How much is the East Bay Asian Local Development contract with Town of Oakland worth?

The East Bay Asian Local Development contract with Town of Oakland is valued at $8,000,000, covering loan forgiveness work.

What type of contract is this?

This is a Loan Forgiveness contract, documented as a minutes record.

Where was this contract approved?

This contract appears in oakland_special_community_economic_development_com.pdf (Minutes), dated November 18, 2025 from Town of Oakland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does East Bay Asian Local Development hold?

East Bay Asian Local Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Oakland currently buying?

Explore Town of Oakland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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