City of Oakland - File #: 18-1274

• File #: 18-1274
• Version: 2
• Type: City Resolution
• Status: Passed
• File created: 1/15/2019
• In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
• On agenda: 2/5/2019
• Final action: 2/5/2019
• Title: Subject: Appropriation And Use Of Neighborhood Stabilization Program Income From: Housing And Community Development Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt A Resolution 1. Authorizing The Use Of $1,911,049 In Loan Repayment Funds And Future Repayments From The Neighborhood Stabilization Program To Fund Rehabilitation Projects In Housing And Community Development’s Residential Lending And Rehabilitation Programs; And 2. Appropriating $1,300,000 To Be Used By The Oakland Community Land Trust And Resources For Community Development For The Rehabilitation Of A 15-Unit Affordable Rental Project Located At 2530 9th Avenue

Date	Ver.	Action By	Action	Result
2/5/2019	1	* Special Concurrent Meeting of the Oakland City Council and the Youth Advisory Commission	Adopted	Pass
1/29/2019	1	*Special Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
1/17/2019	1	*Rules & Legislation Committee	Scheduled

Title

Subject:                     Appropriation And Use Of Neighborhood Stabilization Program Income                     

From:                                          Housing And Community Development                                          

Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt A Resolution 1. Authorizing The Use Of $1,911,049 In Loan Repayment Funds And Future Repayments From The Neighborhood Stabilization Program To Fund Rehabilitation Projects In Housing And Community Development’s Residential Lending And Rehabilitation Programs; And 2. Appropriating $1,300,000 To Be Used By The Oakland Community Land Trust And Resources For Community Development For The Rehabilitation Of A 15-Unit Affordable Rental Project Located At 2530 9th Avenue