City of Oakland - File #: 09-1653

• File #: 09-1653
• Version: 1
• Name: Guidelines For First-Time Homebuyers
• Type: City Resolution
• Status: In Council
• File created: 7/14/2010
• In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
• On agenda: 9/14/2010
• Final action: 9/21/2010
• Title: Subject: Guidelines For First-Time Homebuyers From: Community And Economic Development Agency Recommendation: Adopt A Resolution Amending Resolution No. 79132 C.M.S. To Modify The Mortgage Assistance Program Guidelines For First-Time Homebuyers To Set The Maximum Allowable Purchase Price From The Current 95 Percent Of The Median Sales Price Of Single Family Homes In Oakland To An Amount Equal To A Sales Price That Is Affordable For Households Earning 100 Percent Of Area Median Income

Date	Ver.	Action By	Action	Result
9/21/2010	1	Concurrent Meeting of the Oakland Redevelopment Agency / City Council	Adopted	Pass
9/14/2010	1	*Concurrent Meeting of the Redevelopment Agency and Council Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
7/15/2010	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Guidelines For First-Time Homebuyers

From:            Community And Economic Development Agency

Recommendation:  Adopt A Resolution  Amending Resolution No. 79132 C.M.S. To Modify The Mortgage Assistance Program Guidelines For First-Time Homebuyers To Set The Maximum Allowable Purchase Price From The Current 95  Percent Of The Median Sales Price Of Single Family Homes In Oakland To An Amount Equal To A Sales Price That Is Affordable For Households Earning 100 Percent Of Area Median Income