{"id":249037,"date":"2026-04-02T21:30:07","date_gmt":"2026-04-02T21:30:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/249037\/"},"modified":"2026-04-02T21:30:07","modified_gmt":"2026-04-02T21:30:07","slug":"oakland-nonprofit-buys-apartment-building-to-rent-to-teachers-nbc-bay-area","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/249037\/","title":{"rendered":"Oakland nonprofit buys apartment building to rent to teachers \u2013 NBC Bay Area"},"content":{"rendered":"<p>A nonprofit in Oakland is taking a big step to help teachers afford to live in a high-priced housing market.<\/p>\n<p>The housing-focused group Rooted purchased a residential building that it will rent to Oakland Unified School District teachers and employees.<\/p>\n<p>The 33-unit building on Claremont Avenue sold for $12.6 million.<\/p>\n<p>The nonprofit said the units will be rented at about half the cost of market-rate apartments, which Rooted believes is a first-of-its-kind program.<\/p>\n<p>Rooted is run through the Oakland Fund, which is looking to raise money to buy 150 units for teachers over the next three years.<\/p>\n","protected":false},"excerpt":{"rendered":"A nonprofit in Oakland is taking a big step to help teachers afford to live in a high-priced&hellip;\n","protected":false},"author":2,"featured_media":249038,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[143,145,144],"class_list":["post-249037","post","type-post","status-publish","format-standard","has-post-thumbnail","category-oakland","tag-oakland","tag-oakland-headlines","tag-oakland-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/249037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=249037"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/249037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/249038"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=249037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=249037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=249037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}