City of Oakland - File #: 09-1174

• File #: 09-1174
• Version: 3
• Name: Affordable Housing Activities
• Type: City Resolution
• Status: Passed
• File created: 2/3/2010
• In control: Meeting of the Oakland City Council
• On agenda: 3/9/2010
• Final action: 3/16/2010
• Title: Subject: Affordable Housing Activities From: Community And Economic Development Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Amending Resolution No. 81110 C.M.S. To Approve An Assignment Of An Existing Loan In The Amount of $5,815,000 By New Altenheim Partners, LP To Eden Housing Or Its Affiliate, And To Increase The Amount Of An Affordable Housing Development Loan To Eden Housing For The Altenheim Phase II Senior Housing Development Located At 1720 Macarthur Boulevard By $625,000 For A Total City Loan Of $6,440,000; And

Date	Ver.	Action By	Action	Result
3/16/2010	3	Concurrent Meeting of the Oakland Redevelopment Agency / City Council	Adopted	Pass
3/9/2010	3	*Special Concurrent Meeting of the Redevelopment Agency and Council Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
2/25/2010	3	*Rules & Legislation Committee	Scheduled
2/4/2010	1	*Rules & Legislation Committee	Scheduled

Title

Subject:        Affordable Housing Activities

From:            Community And Economic Development Agency

Recommendation: Adopt The Following Pieces Of Legislation:

1) A Resolution Amending Resolution No. 81110 C.M.S. To Approve An Assignment Of An Existing Loan In The Amount of $5,815,000 By New Altenheim Partners, LP To Eden Housing Or Its Affiliate, And To Increase The Amount Of An Affordable Housing Development Loan To Eden Housing For The Altenheim Phase II Senior Housing Development Located At 1720 Macarthur Boulevard By $625,000 For A Total City Loan Of $6,440,000; And