City of Oakland - File #: 003731a

• File #: 003731a
• Version: 1
• Name: Palm Court Housing Development
• Type: ORA Resolution
• Status: Passed
• File created: 6/18/2003
• In control: Meeting of the Oakland City Council
• On agenda: 7/22/2003
• Final action: 7/29/2003
• Title: Subject: Palm Court Housing Development From: Community and Economic Development Agency Recommendation: Approve recommendations for the following legislation: 1) Adopt an Agency Resolution amending Resolution No. 2003-11 C.M.S. passed February 25, 2003, which authorized an $855,400 Affordable Housing Development Loan to East Bay Habitat for Humanity for the Palm Court project located at 902 Union Street, to allow resale of the units to households earning up to 90%, rather than 60%, of the area median income; and to extend the affordability period to perpetuity, and

Date	Ver.	Action By	Action	Result
7/29/2003	1	Meeting of the Oakland City Council
7/22/2003	1	*Concurrent Meeting of the Redevelopment Agency and Council Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
6/19/2003	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Palm Court Housing Development

From:            Community and Economic Development Agency

Recommendation:  Approve recommendations for the following legislation:

1)      Adopt an Agency Resolution amending Resolution No. 2003-11 C.M.S. passed February 25, 2003, which authorized an $855,400 Affordable Housing Development Loan to East Bay Habitat for Humanity for the Palm Court project located at 902 Union Street, to allow resale of the units to households earning up to 90%, rather than 60%, of the area median income; and to extend the affordability period to perpetuity, and

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