File #: 16-0898    Version: 1 Name:
Type: City Resolution Status: Passed
File created: 3/21/2017 In control: Meeting of the Oakland City Council
On agenda: 4/18/2017 Final action: 4/18/2017
Title: Subject: Updates To The NOFA Housing Funding Pipeline From: Housing And Community Development Recommendation: Adopt A Resolution Amending Resolution No. 86090 C.M.S. Which Authorized $5,013,851 In Loans To The Fruitvale Transit Village Phase II, Redwood Hill Townhomes, Camino 23, 3706 San Pablo Avenue, Coliseum Place, And Embark Apartments Affordable Housing Projects, To (1) Authorize And Appropriate An Additional$1,222,192 From The Low And Moderate Income Housing Asset Fund For These Loans, For A Total Authorized Loan Amount Of $6,236,043; (2) Add The Coliseum Connections Project To The List Of Projects Authorized For These Loans; And (3) Approve Funding Awards To These Projects From Funds Allocated To Oakland From The Alameda County Housing Bond In An Amount Not To Exceed $18.65 Million
Attachments: 1. View Report, 2. 86689 CMS

Title

Subject:                     Updates To The NOFA Housing Funding Pipeline                     

From:                                          Housing And Community Development                                          

Recommendation: Adopt A Resolution Amending Resolution No. 86090 C.M.S. Which Authorized $5,013,851 In Loans To The Fruitvale Transit Village Phase II, Redwood Hill Townhomes, Camino 23, 3706 San Pablo Avenue, Coliseum Place, And Embark Apartments Affordable Housing Projects, To (1) Authorize And Appropriate An Additional$1,222,192 From The Low And Moderate Income Housing Asset Fund For These Loans, For A Total Authorized Loan Amount Of $6,236,043; (2) Add The Coliseum Connections Project To The List Of Projects Authorized For These Loans; And (3) Approve Funding Awards To These Projects From Funds Allocated To Oakland From The Alameda County Housing Bond In An Amount Not To Exceed $18.65 Million