2.3 20-0386 Subject: 7th & Campbell Affordable Housing Unsecured Predevelopment Loan From: Housing And Community Development Department Recommendation: Adopt A Resolution Authorizing The Increase Of An Unsecured Predevelopment Loan To Oakland And The World Enterprises, Inc. And McCormack Baron Salazar, Or Affiliated Entities, To Support The Development Of Affordable Housing At The 7th & Campbell Project Site By $1,550,000 From The Previously Approved $650,000 To A Total Predevelopment Loan Amount Not To Exceed $2,200,000; And Making California Environmental Quality Act Findings For This Action - City of Oakland

Meeting: Concurrent Meeting of the Oakland Redevelopment Successor Agency / City Council / Geologic Hazard Abatement District Board on 2020-06-02 1:30 PM - Please See The Agenda To Participate In The Meeting

Meeting Time: June 02, 2020 at 1:30pm PDT

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Agenda Item

2.3 20-0386 Subject: 7th & Campbell Affordable Housing Unsecured Predevelopment Loan From: Housing And Community Development Department Recommendation: Adopt A Resolution Authorizing The Increase Of An Unsecured Predevelopment Loan To Oakland And The World Enterprises, Inc. And McCormack Baron Salazar, Or Affiliated Entities, To Support The Development Of Affordable Housing At The 7th & Campbell Project Site By $1,550,000 From The Previously Approved $650,000 To A Total Predevelopment Loan Amount Not To Exceed $2,200,000; And Making California Environmental Quality Act Findings For This Action

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