11 18-1274 Subject: Appropriation And Use Of Neighborhood Stabilization Program Income From: Housing And Community Development Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt A Resolution 1. Authorizing The Use Of $1,911,049 In Loan Repayment Funds And Future Repayments From The Neighborhood Stabilization Program To Fund Rehabilitation Projects In Housing And Community Development's Residential Lending And Rehabilitation Programs; And 2. Appropriating $1,300,000 To Be Used By The Oakland Community Land Trust And Resources For Community Development For The Rehabilitation Of A 15-Unit Affordable Rental Project Located At 2530 9th Avenue - City of Oakland

Meeting: *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council on 2019-02-05 5:00 PM

Meeting Time: February 05, 2019 at 5:00pm PST

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Agenda Item

11 18-1274 Subject: Appropriation And Use Of Neighborhood Stabilization Program Income From: Housing And Community Development Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt A Resolution 1. Authorizing The Use Of $1,911,049 In Loan Repayment Funds And Future Repayments From The Neighborhood Stabilization Program To Fund Rehabilitation Projects In Housing And Community Development's Residential Lending And Rehabilitation Programs; And 2. Appropriating $1,300,000 To Be Used By The Oakland Community Land Trust And Resources For Community Development For The Rehabilitation Of A 15-Unit Affordable Rental Project Located At 2530 9th Avenue

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