File #: 20-0917    Version: 1 Name:
Type: City Resolution Status: Passed
File created: 12/10/2020 In control: *Rules & Legislation Committee
On agenda: Final action: 12/15/2020
Title: Subject: Oak Grove Apt's Preservation Loan From: Housing And Community Development Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To Enter Into An Affordable Housing Preservation Loan With Watt Companies, Inc. Or Its Affiliate In An Amount Not To Exceed $5,000 From The Affordable Housing Trust Fund To Support The Preservation Of Affordability At Oak Grove Apartments, A Scattered-Site Project Consisting Of Eight Properties Located In Oakland; And Adopting Appropriate California Environmental Quality Act Findings
Attachments: 1. View Report, 2. View Legislation

Title

Subject:                     Oak Grove Apt's Preservation Loan                     

From:                                          Housing And Community Development                                          

Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To Enter Into An Affordable Housing Preservation Loan With Watt Companies, Inc. Or Its Affiliate In An Amount Not To Exceed $5,000 From The Affordable Housing Trust Fund To Support The Preservation Of Affordability At Oak Grove Apartments, A Scattered-Site Project Consisting Of Eight Properties Located In Oakland; And Adopting Appropriate California Environmental Quality Act Findings