$ 3 million allocated to support the real estate acquisition led by BIPOC

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SAN FRANCISCO, January 3, 2022 / PRNewswire / – Community Vision & Consulting Capital is delighted to announce $ 3 million in real estate acquisition grants to five community performing arts groups. These awards are funded by the William and Flora Hewlett Foundation and administered by Community Vision, with the goal of stabilizing and advancing the performing arts throughout the Bay Area, particularly in historically divested communities.

“We are delighted to support these community projects which demonstrate how investing in performing arts spaces promotes equitable community development and holistic support for the artists and the communities they represent,” said Catherine howard, president of Vision communautaire. “These grants will build power and advance community ownership of community assets.”

The five funded projects were selected from 42 applications representing more than $ 25 million in requested funds from 9 of the 10 Bay Area counties where organizations were eligible to apply. Priority has gone to projects led by organizations that drive change and amplify visions for their own communities.

“Art installations are essential to maintain the presence and foster self-determination of cultural and artistic communities,” says Emiko ono, director of the performing arts program at the Hewlett Foundation. “These grants help ensure that spaces are owned and activated by local artists, cultural leaders and community organizations, which is part of what makes the neighborhoods and the Bay Area unique and vibrant. These projects ensure that the arts and artists have a place to call home in the Bay Area – they are a source of stability and vitality today and for generations to come. ”

The five funded projects are:

East Bay Permanent Real Estate Co-op and House / Full of Black Women, West Oakland ($ 600,000)
This award will be used to activate the cultural renaissance project of Esther’s Orbit Hall, a space historically held by blacks closed for many years, and transform three plots into a new cultural and artistic center centered on BIPOC.

Oakstop, LLC and Black Music entrepreneurship incubator, West Oakland ($ 707,200)
This price will be used to buy a property at West Oakland, suitable for recording and performance studios, which will offer full business support services and rental of shared spaces.

Community development company of the black cultural zone, East Oakland ($ 553,000)
This award will be used to develop a community art center on land East Oakland known as the Parc de la Liberation, activated by the Black Cultural Zone since april 2020.

Arts of the Pajaro Valley, Watsonville ($ 540,000)
This price will be used to purchase an 11,980 square foot building in the downtown area. Watsonville which will open as a new visual and performing arts center for the Pajaro Valley in Santa Cruz County.

Gamelan Sekar Jaya, Berkeley ($ 599,800)
This award will support the acquisition of the space currently leased by the organization to Berkeley and will durably stabilize the legacy of its musical exchange between the United States and Bali.

Community Vision Capital & Consulting is a CDFI intervening throughout California with offices in San Francisco, Oakland, and Fresno. Since its creation, Community Vision has supported 2.5 million Californians, deployed over $ 483 million in capital and has provided more than 1,000 real estate and financial management advice.

SOURCE Vision of the community


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