pages: RulesAndLegislationCommittee/2022-02-10.pdf, 20
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RulesAndLegislationCommittee | 2022-02-10 | *Rules & Legislation Committee Meeting Minutes - FINAL February 10, 2022 Subject: Resolution To Authorize Section 108 Funds From: Housing And Community Development Department Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt A Resolution Authorizing The City Administrator To (1) Apply For, Accept, And Appropriate Funds From The United States Department Of Housing And Urban Development (HUD) Under The Section 108 Loan Guarantee Program For Approximately $34 Million, Not To Exceed Five Times The City's Current Community Development Block Grant Less Outstanding Section 108 Loans And Commitments; (2) Award Section 108 Funds To Projects Without Returning To Council; And (3) Prepare And Submit To HUD A Substantial Amendment To The City's 2021/22 Annual Action Plan To Include A Summary Of Section 108 Planned Activities 22-0057 Attachments: View Report And Attachment A View Legislation View Supplemental Legislation - 2/25/2022 89056 CMS A Title Change was read into record. This item is also scheduled as a Public Hearing. This City Resolution be Scheduled.to go before the *Special Community & Economic Development Committee to be heard 2/22/2022 5 Determinations Of Closed Session NO CLOSED SESSION REPORT OUT, NO ACTION NEEDED City of Oakland Page 20 Printed on 3/22/2022 | 20 | RulesAndLegislationCommittee/2022-02-10.pdf |