File #: 20-0598    Version: 1 Name:
Type: City Resolution Status: Passed
File created: 8/25/2020 In control: Concurrent Meeting of the Oakland Redevelopment Successor Agency and Finance and Management Committee
On agenda: Final action: 8/28/2020
Title: Subject: Real Property Known As The Inn At Temescal From: Housing & Community Development Recommendation: Adopt A Resolution, (1) Authorizing The City Administrator To Apply For, As A Local Agency Partner, Up To $3.15 Million Of Funds From The California Department Of Housing And Community Development Under The Homekey Program (Homekey Funds); (2) Accepting And Appropriating Up To $3.15 Million In Homekey Funds, As A Local Agency Partner, For The Acquisition Of The Inn At Temescal By Operation Dignity And Danco Communities (Development Partner) To Provide Permanent Affordable Housing To Homeless Veterans; (3) Allocating, As A Local Match To The Homekey Funds, Up To $1.05 Million Of Funds From Measure Kk For The Aquisition And Rehabilitation Of The Inn At Temescal By Development Partner; And (4) Awarding A Grant Agreement To Development Partner, In An Amount Not To Exceed $4.2 Million, To Acquire And Rehabilitate The Inn At Temescal.
Attachments: 1. View Report, 2. View Resolution, 3. 88283 CMS

Title

Subject:                     Real Property Known As The Inn At Temescal

From:                                          Housing & Community Development

Recommendation:  Adopt A Resolution, (1) Authorizing The City Administrator To Apply For, As A Local Agency Partner, Up To $3.15 Million Of Funds From The California Department Of Housing And Community Development Under The Homekey Program (Homekey Funds); (2) Accepting And Appropriating Up To $3.15 Million In Homekey Funds, As A Local Agency Partner, For The Acquisition Of The Inn At Temescal By Operation Dignity And Danco Communities (Development Partner) To Provide Permanent Affordable Housing To Homeless Veterans; (3) Allocating, As A Local Match To The Homekey Funds, Up To $1.05 Million Of Funds From Measure Kk For The Aquisition And Rehabilitation Of The Inn At Temescal By Development Partner; And (4) Awarding A Grant Agreement To Development Partner, In An Amount Not To Exceed $4.2 Million, To Acquire And Rehabilitate The Inn At Temescal.