File #: 20-0595    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: 2. A Resolution (1) Authorizing The City Administrator Or Designee From The California Department Of Housing And Community Development Under The Homekey Program (Homekey Funds); (2) Accepting And Appropriating (A) Up To $9.6 Million In Homekey Funds For The Acquisition Of 5276 Broadway (Clifton Hall) As A Family Shelter And Permanent Affordable Housing And (B) Up To $600,000 For The Operation Of The Permanent Affordable Housing At Clifton Hall; (3) Allocating, As A Local Match To The Homekey Funds, Up To (A) $3.42 Million Of Measure KK Funds For The Acquisition Of Clifton Hall For Permanent Affordable Housing And (B) $2 Million Of Funds From The Affordable Housing Trust Fund (Boomerang Funds) For The Rehabilitation Of Clifton Hall And Closing Costs; (4) Amending Oakland City Council Resolution No. 88109 C.M.S., Which Appropriated $19,697,548 In Homeless, Housing, Assistance And Prevention (HHAP) Funds For The Provision Of Homeless Services, To Allocate Up To $5.22 Million Of Said HHAP...
Attachments: 1. View Resolution Clifton Hall, 2. 88280 CMS

Title

2.                      A Resolution (1) Authorizing The City Administrator Or Designee From The California Department Of Housing And Community Development Under The Homekey Program (Homekey Funds); (2) Accepting And Appropriating (A) Up To $9.6 Million In Homekey Funds For The Acquisition Of 5276 Broadway (Clifton Hall) As A Family Shelter And Permanent Affordable Housing And (B) Up To $600,000 For The Operation Of The Permanent Affordable Housing At Clifton Hall; (3) Allocating, As A Local Match To The Homekey Funds, Up To (A) $3.42 Million Of Measure KK Funds For The Acquisition Of Clifton Hall For Permanent Affordable Housing And (B) $2 Million Of Funds From The Affordable Housing Trust Fund (Boomerang Funds) For The Rehabilitation Of Clifton Hall And Closing Costs; (4) Amending Oakland City Council Resolution No. 88109 C.M.S., Which Appropriated $19,697,548 In Homeless, Housing, Assistance And Prevention (HHAP) Funds For The Provision Of Homeless Services, To Allocate Up To $5.22 Million Of Said HHAP Funds For 13 Years Of Operating Subsidy For The Permanent Affordable Housing At Clifton Hall; And (5) Authorizing The City Administrator To Select A Grantee And Award A 15-Year Grant Agreement In An Amount Not To Exceed $5.82 Million For Operation Of The Permanent Affordable Housing At Clifton Hall; And