pages: SpecialCommunityAndEconomicDevelopmentCommittee/2019-05-14.pdf, 4
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SpecialCommunityAndEconomicDevelopmentCommittee | 2019-05-14 | Amount Of $3,532,000 To Midpen Housing Corporation, Or Affiliated Entities, To Support The Development Of Affordable Housing On Parcel A At Brooklyn Basin, And Amend Existing Predevelopment Loans To 0% Interest, (2) Authorizing A Secured Affordable Housing Development Loan In An Amount Not To Exceed $29,775,000, To Midpen Housing Corporation, Or Affiliated Entities, To Support The Development Of 254 Units Of Affordable Housing On Parcel A At Brooklyn Basin, (3) Appropriate $2,003,436.22 In Master Developer Fee Contributions And Interest Earnings And $9,984,957.25 In Net Sales Proceeds From The OHA Purchase Of An Ownership Interest In The Affordable Housing Parcels Into Development Financing Of The Affordable Housing Units For Development Of Both Parcel A And Parcel F, And (4) Making CEQA Findings For This Action 18-1752 Attachments: View Report This item will be heard as a Non Consent item. There were 4 speakers on this item. This City Resolution be Approved the Recommendation of Staff, and Forward.to go before the * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council to be heard 5/21/2019 Aye 4- - Reid Taylor Bas, Gallo NO VOTE 0 5 Subject: Improve Quality Of Life For Residents In/Around Opportunity Zones From: Councilmember Taylor Recommendation: Adopt A Resolution Directing The City Administrator To Develop Recommendations For Leveraging Available Incentives And City Resources To Encourage Responsible Investment Resulting In The Improvement Of The Quality Of Life For Oakland Residents Living In The Communities In And Around Opportunity Zones 18-1708 Attachments: View Report View Supplemental Report 5/10/2019 There were 4 speakers on this item. A motion was made by Loren Taylor, seconded by Nikki Bas, that this matter be Approved the Recommendation of Staff, and Forward to go before the * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council, to be heard 5/21/2019. The motion carried by the following vote: Aye 4 - Reid Taylor Bas, Gallo NO VOTE 0 City of Oakland Page 4 Printed on 5/29/2019 | 4 | SpecialCommunityAndEconomicDevelopmentCommittee/2019-05-14.pdf |