Harris, Oakland leaders announce $50-million initiative to invest in children, end poverty

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Harris, Oakland leaders announce $50-million initiative to invest in children, end poverty
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Vice President Kamala Harris joined Oakland Mayor Libby Schaaf on Friday to announce the Oakland Generation Fund, which aims to help end generational poverty.

Vice President Kamala Harris joined with Oakland leaders Friday to announce the establishment of the Oakland Generation Fund, which aims to provide financial support to low-income children and help end generational poverty.

Mayor Libby Schaaf raised the funds with the help of hundreds of local and regional donors as well as partnerships with the local school district. The initiative is expected to help 30,000 students and babies. “As the mayor, I have received many, many letters from Oakland children and students. Well today, here is my letter to you. We — your community — believe in your talent, your grit, and your success so much,” Schaaf said. “You are all our brilliant babies, and you are all Oakland’s promise.”

“From birth, thousands of children in this city will be given a nest egg, and as they grow, so will that investment,” Harris said. “When they turn 18, this will help them as a downpayment on their education and on their future, which, by the way, is our future.” The event also welcomed community members like Natalie Gallegos, a senior at Oakland High School. She praised the Oakland Promise Scholarship for the “deep impact” that the funds will have on not only her but every other high school student in the city.

Today, she has returned to the Unity Council as the director of the Department of Economic Development, working with community members to “end the racial wealth gap and disinvestment in our communities.”

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