City of Oakland - File #: 15-0768

• File #: 15-0768
• Version: 2
• 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
• Related files: 15-0551, 15-0771, 15-0769, 15-0770

Date	Ver.	Action By	Action	Result
5/3/2016	2	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Approved for Final Passage	Pass
4/19/2016	2	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Approved On Introduction and Scheduled for Final Passage	Pass
4/12/2016	2	*Community & Economic Development Committee	Approved as Amended the Recommendation of Staff, and Forward

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]