24-0413
Subject: Housing Accelerator Fund From: Housing And Community Development Department Recommendation: Adopt A Resolution (1) Authorizing A $10 Million Unsecured Recourse Loan To The Housing Accelerator Fund To Establish A Fund To Finance Affordable Housing Acquisition And Rehabilitation, And Allocating Measure U Bond Funds For This Purpose; (2) Authorizing And Allocating $30 Million In Measure U Bond Funds For Permanent Financing To Take-Out These Acquisition And Rehabilitation Loans; And (3) Making Related California Environmental Quality Act Findings
- Committee
- * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
- Requested by
- Housing And Community Development Department
- Introduced
- May 8, 2024
- On agenda
- June 18, 2024
- Passed
- June 18, 2024
- Enacted
- June 18, 2024
- Enactment no.
- 90308 C.M.S.