File #: 18-1440    Version: 1 Name:
Type: Informational Report Status: Filed
File created: 2/19/2019 In control: *Special Finance & Management Committee
On agenda: 3/5/2019 Final action: 3/5/2019
Title: Subject: Means-Tested Rental Housing - Gross Receipts Business Tax Exemption From: Finance Department Recommendation: Receive An Informational Report Regarding Resolution No. 87129 C.M.S., Requesting A Proposed Amendment To The Oakland Municipal Code Chapter 5.04, Section 5.04.420 To Exempt The First $30,000 Of Rental Income From The Assessment Of Annual Business Tax Derived From Property Rented Or Leased Through Section 8 Or Other Means-Tested Housing Assistance Programs, As A Means Of Encouraging The Development Of Low Cost Housing Alternatives
Attachments: 1. View Report

Title

Subject:                     Means-Tested Rental Housing - Gross Receipts Business Tax Exemption                       

From:                                          Finance Department                                          

Recommendation: Receive An Informational Report Regarding Resolution No. 87129 C.M.S., Requesting A Proposed Amendment To The Oakland Municipal Code Chapter 5.04, Section 5.04.420 To Exempt The First $30,000 Of Rental Income From The Assessment Of Annual Business Tax Derived From Property Rented Or Leased Through Section 8 Or Other Means-Tested Housing Assistance Programs, As A Means Of Encouraging The Development Of Low Cost Housing Alternatives