the BAMBD Billion Dollar Trust Fund
Marvin X, the Black Arts Movement Business District co-founder and planner, suggests the BAMBD Billion Dollar Trust Fund would be allocated as follows:
$100 million for General Fund
$100 million for Five Year Plan
$200 million for mixed use rental housing (seniors, artists, workers, mentally disabled, recently incarcerated, single parents)
$100 million for mortgage loans, especially for purchase of modified SRO hotel rooms with life estate titles for the chronically homeless, thus ending homelessness overnight
$100 million for job training
$ 100 million for micro and macro loans to entrepreneurs
$100 million to establish the David Blackwell STEM Institute (Science, Technology, Engineering and Math)
$100 for land and real estate acquisition
$100 for reentry assistance to displaced former residents of Oakland
$100 million for General Fund
$100 million for Five Year Plan
$200 million for mixed use rental housing (seniors, artists, workers, mentally disabled, recently incarcerated, single parents)
$100 million for mortgage loans, especially for purchase of modified SRO hotel rooms with life estate titles for the chronically homeless, thus ending homelessness overnight
$100 million for job training
$ 100 million for micro and macro loans to entrepreneurs
$100 million to establish the David Blackwell STEM Institute (Science, Technology, Engineering and Math)
$100 for land and real estate acquisition
$100 for reentry assistance to displaced former residents of Oakland
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