How to Exercise Good Financial Health
By Ken Epstein
The Board of Trustees of Holy Names University (HNU), which has shown little interest in working with educational institutions or city leaders to maintain the campus as a site for higher education, is now telling potential partners that a previously unmentioned deadline for submitting proposals has already passed, as of last Friday.
The trustees had hired a real estate firm to sell the nearly 60-acre property in the Oakland Hills for top dollar to a developer of high-end housing.
But the City of Oakland staff recently told HNU that such a development would violate the city’s general zoning regulations and is not permitted.
Despite opposition of the trustees, many community leaders and city officials are moving forward for an educational future for the campus.
In a statement released this week, Councilmember-at-Large Rebecca Kaplan reiterated city leaders’ commitment to maintaining the HNU campus, including as a Historically Black College or University (HBCU):
“The Holy Names University site can, and should, have an educational future to provide jobs, opportunity, train teachers and others for vital community needs, and preserve the intended purpose of the land, and the funding they have received.
“I am honored to join together with community members, including alumni, students, and faculty of HNU, and many neighbors and others who are worried about the loss of vital educational programs. I am pleased that we have been able to identify the removal of all of the barriers to continued educational use, including verifying that neither the Attorney General, nor the lender, are requiring HNU to select a for-profit buyer, and there are educational users interested in acquiring the property,” she said.
“In addition, given the Oakland general plan (zoning) designation of the site, and the intentions of the donors to Holy Names, it is appropriate to pursue an educational future for the site,” Kaplan said.
In an interview, Oakland Post publisher Paul Cobb said, “I have spoken to prospective developers and buyers of the Holy Names Campus. I have noticed that some white developers have been given true financial information while some Black applicants have not.”
“Since HNU leaders have misrepresented the role and advice of the California Attorney General Bonta’s office with the disposition of the property and its potential future, I will ask Bonta, the Alameda County District Attorney, and the Oakland City Attorney to jointly investigate the inaccurate marketing of this vital educational institution,” he said.
“Since HNU graduates many of our teachers and health professionals, we must make sure that there is full transparency,” he continued.
“I also recently informed Cardinal Turkson from the Vatican that we plan to save HNU and add a Black College to help serve the area’s needs.”
