City of Oakland - File #: 05-0908

• File #: 05-0908
• Version: 1
• Name: Amendment To Resolution 2004-08
• Type: City Resolution
• Status: Passed
• File created: 11/8/2005
• In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
• On agenda: 1/24/2006
• Final action: 2/7/2006
• Title: Subject: Amendment To Resolution 2004-08 From: Community And Economic Development Agency Recommendation: Adopt An Agency Resolution Amending Resolution No. 2004-08 C.M.S., Which Authorized An Affordable Housing Development Loan Of $3,858,424 To Affordable Housing Associates, Inc. For A Project At 4856-4868 Calaveras Avenue, To (1) Raise The Affordability Level From 100% And Allow Sales To Households With Up To 110% Of Area Median Income, (2) Change The Borrower To Community Assets, Inc., And (3) Authorize The Assignment Of The Loan To Community Assets, Inc.
• Sponsors: Community & Economic Development Agency

Date	Ver.	Action By	Action	Result
2/7/2006	1	Concurrent Meeting of the Oakland Redevelopment Agency / City Council	Adopted	Pass
1/24/2006	1	*Special Concurrent Meeting of the Redevelopment Agency and Council Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
1/12/2006	1	*Rules & Legislation Committee	Rescheduled
11/10/2005	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Amendment To Resolution 2004-08

From:            Community And Economic Development Agency

Recommendation: Adopt An Agency Resolution Amending Resolution No. 2004-08 C.M.S., Which Authorized An Affordable Housing Development Loan Of  $3,858,424 To Affordable Housing Associates, Inc. For A Project At 4856-4868 Calaveras Avenue, To (1) Raise The Affordability Level From 100% And Allow Sales To Households With Up To 110% Of Area Median Income, (2) Change The Borrower To Community Assets, Inc., And (3) Authorize The Assignment Of The Loan To Community Assets, Inc.