The city of Oakland is now $34 million richer

A party in Oakland to celebrate a $34 million gift.
(Image credit: Twitter.com/tdkinser)

What does $34 million get you? In Oakland, California, it helps build 731 affordable housing units, creates 2,500 jobs, and funds early-childhood education for countless students.

The money, which will go to nonprofits throughout the community, was bequeathed by an anonymous donor who wanted to aid "underserved" residents, USA Today reports. The benefactor called the San Francisco Foundation in February, saying they wanted the funds "on the streets" by summer. That person is a "generous soul," Mayor Libby Schaaf said, adding, "Government can't do it alone."

In addition to funding education and housing, the money will be used for health care and teaching technology skills.

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.