body,date,text,page,path
OaklandCityCouncil,2007-07-03,"Subject:
Subsidy Increase For Affordable Housing
From:
Community and Economic Development Agency
Recommendation: Action On A Report And Recommendation To Increase The Maximum
Subsidy Amount From 40% to 50% Of The Total Development Cost Of The Affordable Units
For The Affordable Homeownership Development Program
07-0291
A motion was made by Councilmember Brunner, seconded by
Councilmember Reid, that this matter be Approved. The motion carried
by the following vote:
Votes:
ORA\Councilmember Abstained: 1 - Councilmember Nadel
ORA\Councilmember Ayes: 7 - Councilmember Kernighan, Councilmember
Chang, Councilmember Brunner, Councilmember Quan, President of the Council
De La Fuente, Councilmember Brooks and Councilmember Reid
The following individual(s) spoke on this item:",92,OaklandCityCouncil/2007-07-03.pdf