25-0508
Subject: CDBG Funding Authorization For The Eliza Senior Housing Project From: Housing And Community Development Department Recommendation: Adopt A Resolution: (1) Authorizing The Use Of Fiscal Year 2024-2025 Community Development Block Grant (CDBG) Funds In An Amount Not To Exceed $1,000,000 For Expenses Related To The Acquisition Of Real Property, Public Improvements, Site Clearance, And The Relocation Of Privately Owned Utilities To Support The New Construction Of The Eliza Affordable Senior Housing Project (The Eliza); (2) Authorizing The City Administrator To Enter Into An Unsecured CDBG Predevelopment Loan Agreement With Mercy Housing California And/Or Its Affiliated Entity Or Entities (Mercy) In An Amount Not To Exceed $500,000; (3) Authorizing The City Administrator To Enter Into A CDBG Secured Construction Loan With Mercy Housing California And/Or Its Affiliated Entity Or Entities (Mercy) In An Amount Not To Exceed $500,000; And (4) Adopting Appropriate California Environmental Quality Act (CEQA) Findings
What this record is
- Amount
- $1.00M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- purchase
- Field
- Construction
construction contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
- Requested by
- Housing And Community Development Department
- Introduced
- February 18, 2025
- On agenda
- March 18, 2025
- Passed
- March 18, 2025
- Enacted
- March 18, 2025
- Enactment no.
- 90668 C.M.S.
Where it was heard
* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council *Rules & Legislation Committee *Community & Economic Development Committee *Rules & Legislation CommitteeWatch what Oakland buys
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