Subject: Affordable Housing Funding And Measure U Capital Funding Authorizations From: Housing And Community Development Department Recommendation: Adopt A Resolution (1) Allocating Funds From Measure U Housing Bond And Other Non-Bond Funds In A Total Amount Not To Exceed $50,000,000, Inclusive Of Administrative Expenses, To Fund Affordable Housing Programs Including New Construction Of Multifamily Rental Affordable Housing, Rapid Response Homeless Housing And Homekey, Acquisition And Conversion To Affordable Housing, And Rehabilitation Of Existing Affordable Housing; And (2) Authorizing The City Administrator To Allocate And Reallocate Budgeted Affordable Housing Funding From Impact Fees, Program Income, Loan Repayments, And Other Available Affordable Housing Funds As Funds Become Available; And; (3) Authorizing The City Administrator To Make Development Loans And Grants Under The Affordable Housing Programs, Contingent On Funding Availability; And (4) Authorizing The City Administrator To Reallocate Previously Authorized Funds Among Measure U Tranches 1, 2, And 3; And (5) Amending Resolution Nos. 86126 C.M.S., 86366 C.M.S., And 89605 C.M.S. To Allocate An Additional Amount Not To Exceed $2,000,000 To The Health And Safety Rehabilitation Program, 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

September 28, 2026

On agenda

October 20, 2026

Where it was heard

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council Oct 20, 2026 *Rules & Legislation Committee Oct 15, 2026 Scheduled *Community & Economic Development Committee Oct 13, 2026 Approved as Amended the Recommendation of Staff, and Forward Pass *Rules and Legislation Committee - CANCELLED Oct 1, 2026

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