The API Equity Fund was created to help our community organizations weather the threats of displacement. The Council led the fight to create the API Equity Fund in 2022 to build cultural power by ensuring our vital community organizations and their community spaces are protected and preserved. The API Equity Fund was championed by Supervisor Connie Chan, co-sponsored by Board of Supervisors President Aaron Peskin and then-Supervisor Gordon Mar. The Fund provided $30 million of grant funding for organizations to acquire property or make capital improvements.
The Equity Fund allows community organizations to build spaces for themselves where they can provide the direct services our community members need in spaces that reflect their cultural heritage. The Fund awarded community development grants to the following organizations: Chinese Culture Center of San Francisco, Self-Help for the Elderly, the Southeast Asian Development Center, API Cultural Center, Kinmon Gakuen/Golden Gate Institute, and the Filipino American Development Foundation.
