Subject: Affordable Housing Funding Programs-Advance Funding Authorizations From: Housing And Community Development Department Recommendation: Adopt A Resolution To Allocate Funds From Measure U Housing Bond And Other Non-Bond Funds In A Total Amount Not To Exceed $113,400,039 To Fund New Construction Of Multifamily Rental Affordable Housing Projects, Homekey And Rapid Response Homeless Housing, Acquisition And Conversion To Affordable Housing And Rehabilitation Of The Existing Affordable Housing, And Authorizing The City Administrator To Make Development Loans Under The New Construction Of Multifamily Rental Affordable Housing Program, Rapid Response Homeless Housing, Acquisition And Conversion To Affordable Housing And Rehabilitation Of The Existing Affordable Housing Without Returning To Council, Contingent On Funding Availability

Committee

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council

Requested by

Housing And Community Development Department

Introduced

August 28, 2024

On agenda

September 17, 2024

Passed

September 17, 2024

Enacted

September 17, 2024

Enactment no.

90419 C.M.S.

Where it was heard

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council Sep 17, 2024 Adopted Pass *Rules & Legislation Committee Sep 12, 2024 Scheduled *Community & Economic Development Committee Sep 10, 2024 Approved the Recommendation of Staff, and Forward Pass