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File #: 15-0768    Version: Name: NOFA Housing Policy Recomendations
Type: Ordinance Status: Passed
File created: 3/9/2016 In control: Meeting of the Oakland City Council
On agenda: 5/3/2016 Final action: 5/3/2016
Title: Subject: NOFA Housing Policy Recommendations From: Housing & Community Development Committee Recommendation: Adopt An Ordinance Amending Chapter 15.68 Of The Oakland Municipal Code To (1) Allow Affordable Housing Trust Funds From Funds Distributed To The City Under Redevelopment Dissolution Laws To Be Used For Ownership Housing And Mortgage Assistance To Households With Incomes Up To 120% Of Area Median Income, And (2) Allow The Use Of Affordable Housing Trust Funds To Preserve Affordable Housing That Is At Imminent Risk Of Loss Due To Tax Defaults, Rent Increases, Demolition, Or Conversion To Other Uses [TITLE CHANGE]
Sponsors: Housing And Community Development Department
Attachments: 1. View Report, 2. View Supplemental Report, 3. View Supplemental Report, 4. 13364 CMS
Related files: 15-0551, 15-0771, 15-0769, 15-0770

Title

Subject:                     NOFA Housing Policy Recommendations

From:                                          Housing & Community Development Committee

Recommendation:  Adopt An Ordinance Amending Chapter 15.68 Of The Oakland Municipal Code To (1) Allow Affordable Housing Trust Funds From Funds Distributed To The City Under Redevelopment Dissolution Laws To Be Used For Ownership Housing And Mortgage Assistance To Households With Incomes Up To 120% Of Area Median Income, And (2) Allow The Use Of Affordable Housing Trust Funds To Preserve Affordable Housing That Is At Imminent Risk Of Loss Due To Tax Defaults, Rent Increases, Demolition, Or Conversion To Other Uses [TITLE CHANGE]