City of Oakland - File #: 12-0662

• File #: 12-0662
• Version: 1
• Name: Oakland Renaissance New Market Tax Credits
• Type: City Resolution
• Status: Passed
• File created: 6/27/2013
• In control: *Community & Economic Development Committee
• On agenda: 7/9/2013
• Final action: 7/16/2013
• Title: Subject: Oakland Renaissance New Market Tax Credits From: Office of neighborhood investment Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing Oakland Renaissance NMTC, Inc., An Affiliate Of The City, To Accept An Allocation Of Tax Credit Authority In An Amount Not To Exceed $20 Million Pursuant To The New Markets Tax Credit Program, And To Enter Into An Allocation Agreement And Related Documents With The Community Development Financial Institutions Fund For This Tax Credit Authority; And

Date	Ver.	Action By	Action	Result
7/16/2013	1	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Adopted	Pass
6/27/2013	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Oakland Renaissance New Market Tax Credits

From:            Office of neighborhood investment

Recommendation:  Adopt The Following Pieces Of Legislation:

1) A Resolution Authorizing Oakland Renaissance NMTC, Inc., An Affiliate Of The City, To Accept An Allocation Of Tax Credit Authority In An Amount Not To Exceed $20 Million Pursuant To The New Markets Tax Credit Program, And To Enter Into An Allocation Agreement And Related Documents With The Community Development Financial Institutions Fund For This Tax Credit Authority; And