City of Oakland - File #: 12-0070-1

• File #: 12-0070-1
• Version: 2
• Name: Foreclosure Prevention/Mitigation Activities
• Type: Ordinance
• Status: Passed
• File created: 9/25/2012
• In control: Meeting of the Oakland City Council
• Final action: 11/13/2012
• Title: Subject: Foreclosure Prevention/Mitigation Activities From: Department Of Planning And Building Recommendation: Adopt An Ordinance Amending Oakland Municipal Code Section 15.68.100 (Affordable Housing Trust Fund) To (1) Permit Fines And Penalties Received Pursuant To Section 8.54.620 (Foreclosed And Defaulted Residential Property Registration Program) And Similar Programs To Be Used For Foreclosure Prevention And Mitigation Activities, (2) Authorize The City Administrator To Make Grants Or Service Contracts Under The Program Of Up To $100,000 Without Returning To Council, And (3) Allow Affordable Housing Trust Funds To Be Used To Assist Affordable Housing Projects At Risk Due To Mortgage Default Or Foreclosure

Date	Ver.	Action By	Action	Result
11/13/2012	2	* Special Concurrent Meeting of the Oakland City Council and the Youth Advisory Commission	Approved for Final Passage	Pass
10/16/2012	1	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Approved As Amended On Introduction and Scheduled for Final Passage	Pass
10/9/2012	1	*Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass

Title

Subject:      Foreclosure Prevention/Mitigation Activities      

From:            Department Of Planning And Building

Recommendation:  Adopt An Ordinance Amending Oakland Municipal Code Section 15.68.100 (Affordable Housing Trust Fund) To (1) Permit Fines And Penalties Received Pursuant To Section 8.54.620 (Foreclosed And Defaulted Residential Property Registration Program) And Similar Programs To Be Used For Foreclosure Prevention And Mitigation Activities, (2) Authorize The City Administrator To Make Grants Or Service Contracts Under The Program Of Up To $100,000 Without Returning To Council, And (3) Allow Affordable Housing Trust Funds To Be Used To Assist Affordable Housing Projects At Risk Due To Mortgage Default Or Foreclosure