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The Alameda County Housing & Community Development Department wants to make you aware that the California Community-Owned Real Estate Program (CalCORE) is accepting applications for its second cohort.
CalCORE is a five-year state-wide initiative that brings together cohorts of small and emergent developers, with a focus on Black, Indigenous, people of color-led (BIPOC) real estate organizations – particularly Community Development Corporations (CDCs) and Community Land Trusts (CLTs). These deeply-rooted organizations often serve as a buffer between the commercial real estate market and their communities while navigating capacity and capital barriers for wider community impact.
The second cohort will support small and emergent community-based real estate entities with acquiring and operating commercial real estate including retail, nonprofit, light industrial space, agricultural land, and more.
MINIMUM REQUIREMENTS for APPLICANTS:
- The organization and its programs/projects must be located in the state of California.
- The organization must be a Community Land Trust, Community Development Corporation, or other locally rooted nonprofit that will be acquiring and developing real estate as an ongoing program.
- The organization’s projects must focus primarily on commercial real estate (retail, commercial corridors, nonprofit office and program space, light industrial/maker space, agricultural land, mixed use sites, etc). Projects can include other ancillary uses such as housing.
- Commitment from at least one staff member, board member, or volunteer to attend all in-person and online learning sessions; to the best of their ability. A maximum of two people per organization can participate.
CalCORE is funded by Northern California Grantmakers, The California Endowment, The James Irvine Foundation, and JPMorgan Chase.
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