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File #: 22-0570    Version: Name:
Type: City Resolution Status: Passed
File created: 6/21/2022 In control: Special Concurrent Meeting of the Oakland Redevelopment Successor Agency / City Council / Geologic Hazard Abatement District Board
On agenda: 7/5/2022 Final action: 7/5/2022
Title: Subject: Allocate Funds And Authorized Affordable Housing Development Loans From: Housing & Community Development Department Recommendation: Adopt A Resolution Amending Resolution No. 89241 C.M.S., Which Allocated Funds And Authorized Affordable Housing Development Loans For New Construction Projects In A Total Amount Not To Exceed $30,561,000, To Authorize An Additional Allocation In An Amount Not To Exceed $7,000,000 And An Additional Affordable Housing Development Loan For The 2700 International Boulevard Project (2700-2720 International Boulevard & 1409-1415 Mitchell Street), Contingent On Funding From The 2022 State Local Housing Trust Fund
Attachments: 1. View Report, 2. View Legislation, 3. 89299 CMS

Title

Subject:                     Allocate Funds And Authorized Affordable Housing Development Loans

From:                                          Housing & Community Development Department

Recommendation: Adopt A Resolution Amending Resolution No. 89241 C.M.S., Which Allocated Funds And Authorized Affordable Housing Development Loans For New Construction Projects In A Total Amount Not To Exceed $30,561,000, To Authorize An Additional Allocation In An Amount Not To Exceed $7,000,000 And An Additional Affordable Housing Development Loan For  The 2700 International Boulevard Project (2700-2720 International Boulevard & 1409-1415 Mitchell Street), Contingent On Funding From The 2022 State Local Housing Trust Fund