East Bay Permanent Real Estate Cooperative

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Oakland, CA
East Bay Permanent Real Estate Cooperative

Organizing our community to take land off of the speculative market for good.

The East Bay Permanent Real Estate Cooperative (EB PREC) was birthed out of a collaboration between the Sustainable Economies Law Center and the People of Color Sustainable Housing Network. The PREC is a new model that provides a mechanism for organizing and mobilizing community capital for the acquisition and management of real estate. Our mission is to develop a, cooperative, affordable real est

ate ownership alternative that empowers local communities to maintain and strengthen their economic and cultural diversity. Our movement is People Of Color (POC)-centered with a focus on creating racial and economic equity.

06/15/2026

🗣️ Meet us in person TOMORROW at 1726 7th St., Oakland CA, for our New Member Orientation and learn how you can be part of our movement to re-imagine in the . RSVP now at tinyurl.com/EBPRECHybridNMO!

06/10/2026

When we talk about California’s housing crisis, we often focus on production—how many units we’re building. That’s important, but it misses something equally urgent: the affordable homes we’re losing.

Over the past 5 years, California lost 268,000 naturally occurring affordable units—homes that were affordable not because of a subsidy, but because of where they were and how old they are. These are the homes where low-income families of color actually live. And they're disappearing to investor speculation faster than new affordable units are being built.

CAPP—the Community Anti-Displacement and Preservation Program (SB1091)—is designed to address a gap that new construction can't fill on its own: the loss of homes that rent at affordable levels on the private market. It funds acquisition of at-risk buildings by nonprofits and community land trusts before speculators can price families out.

The California housing bond (AB 736 / SB 417) includes a $500M allocation for CAPP. The solution to California's housing crisis has to reach the families the market won't. CAPP does that.

SB 1091 is co-sponsored by Public Advocates, the California Community Land Trust Network, Housing California, and Enterprise Community Partners. We urge legislators and advocates to fund CAPP in the bond!

06/03/2026

"Trash Talks" is weekly event (Fridays 2pm-4pm) created where the 7th St Thrives Corridor Manager, invites anyone who is interested to book time to walk/talk and pick up trash on the Corridor. Pictured is Chris Barnett, owner of fine arts framing shop, Sterling Art Services.

We chatted about how he started framing art, the image and meaning of ants carrying a flower, and the act of showing up all while collecting trash off of Peralta.

Thanks to folks at , , and P.W.T. Thrift who have joined me in a trash talk, If tending to the corridor and building connections sounds appealing, book a Trash Talk with Sabine! https://bit.ly/trashtalkson7th

05/22/2026

OAKLAND, CA—looking for housing where you have a say? Come live in EB PREC’s newest residential property in Deep East Oakland on Pippin St., home to many legacy Oakland residents. Ideal residents are excited about the prospect of living and co-stewarding a cooperatively-owned apartment building alongside longtime Oakland residents.

Two private apartments available:
*Fully renovated* 2 bedroom, 1 bath - $1977/month
*Updated* 2 bedroom, 1 bath - $1797/month
Water, trash, and parking included! On site coin-op laundry.

Interested? Contact Atif to visit and apply: (510) 470-0060 or [email protected]. Learn more: https://ebprec.org/blog/pippin-openings

Longtime Oakland residents and Section 8 / Housing Choice Voucher holders encouraged to apply!

05/19/2026

Community Owners gathered in April at the Omni's Disco Room to rank their comfort and awareness of EB PREC's cooperative practices. Folks self-selected into different levels of comfort, discussing topics like presenting cooperative proposals, inviting friends to become members, and starting Owner Groups to initiate projects and acquire property. Staff, Community and Resident Owners also shared honest self-reflections and feedback about how we actually get work done. For example, when does work flow from Staff to Resident and/or Community Owners? How does the Cooperative facilitate open conversation channels between different owner categories?

Interested in lending your skillset to the conversation? Our Community Owner members are always on the lookout for Resident work day volunteers, cooperative thought partners, workshop leaders, project collaborators and more. Become a Community Owner and co-create new models of collective ownership with us!

Visit ebprec.org/commnunity to join!

05/18/2026

🗣️ Join our virtual New Member Orientation TOMORROW from 12-1pm PST, to learn how you can be part of the movement to re-imagine in the . RSVP now at EBPRECVirtualOrientation.eventbrite.com!

05/12/2026

Our 4th annual Black Earth Day was a smashing success! Last month, 115 volunteers came together and collected 191 bags of trash (1660 lbs!) and 660 lbs. of green waste along the 7th Street Corridor.

This year’s cleanup was hosted on the 26,000 sq ft. lot next to the Barn, and the future site of our Esther’s Garden project. Attendees were invited to share their vision for the amenities they’d like to see as part of our community-led development process.

Black Earth Day was also the kickoff launch of our two-year, $10 million investment campaign aimed at revitalizing West Oakland’s historic 7th Street corridor to address decades of government neglect through community-driven urban development and sustainable local investment.

A huge shoutout to all of our community partners who made this year’s Black Earth Day possible: Soul Blends Coffee, The Crucible, Mandela Partners, Root Volume, LISC Bay Area, West Oakland Environmental Impact Project, Oakland Gleaners, Lincoln Families, Common Vision, 7th West, Serial Material, Sterling Art Services, and the City of Oakland.

05/07/2026

Our Executive Director, Noni Session, and Investment & Fundraising Director, Annie McShiras, spoke with Jordyn Middlebrooks on the Reimagine Wealth podcast about EB PREC's model and what reparative & restorative investment actually looks like. They also dig into the importance of collective liberation & mutual aid in these times; and problems inherent in the non-profit industrial complex. It gets juicy! Listen here: https://jordynmiddlebrooks.substack.com/p/season-2-episode-5-east-bay-permanent?r=1v25kc

05/06/2026

TODAY: We invite the community to join the Mandela Station (West Oakland BART) Development Team for a community meeting to receive the latest updates for the proposed development.

The meeting will take place on Thursday, May 7th from 6:30-8:30pm at Beth Eden Baptist Church (1183 10th St, Oakland, CA 94607) RSVP here: https://www.eventbrite.com/e/mandela-station-update-tickets-1988442741768

CONTEXT: On Oakland’s Earth Day, approximately 72 trees were red tagged along 7th Street and around the West Oakland BART station.

The response from across the West Oakland community has been immediate and unified: the scale and approach of this tree removal is unacceptable and unnecessary. The core problem is not that the community disagrees with the approved plan. The core problem is that the red tags on the ground do not match the approved plan.

We thank the City of Oakland for promptly pausing permits for this tree removal, and are calling on the City and BART to correct specific mismatches between the red-tagged trees and the approved Preliminary Development Plan.

Photo Credit: Azucena Rasilla/The Oaklandside

Address

Oakland, CA

Website

https://ebprec.org/

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