Chan-Zuckerberg program aims to drive Black homeownership, equity

Faced with historic gentrification in Oakland, the Chan Zuckerberg Initiative has launched a pilot program to help low-income home owners re-develop their properties with in-law units.

The program, backed by a collection of community groups and businesses, aims to primarily help Black homeowners in Oakland get financing and build small, income-producing accessory dwelling units, or ADUs. The goal is to help build affordable housing, boost property values and encourage long-term wealth-building in minority communities long shut-out from many homeownership opportunities.

Ruby Bolaria-Shifrin of CZI said the foundation wanted to build a program that addressed historic racial inequalities in housing. “(ADUs) are not the silver bullet, but they’re a tool in

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