3.22 22-0057 Subject: Resolution To Authorize Section 108 Funds From: Housing And Community Development Department Recommendation: Adopt A Resolution To Authorize The City Administrator To Apply For, Accept, And Appropriate Funds From The United States Department Of Housing And Urban Development Under The Section 108 Loan Guarantee Program For Approximately $34 Million, Not To Exceed Five Times The City's Current Community Development Block Grant At Time Of Application Less Any Outstanding Section 108 Guaranteed Loans And Commitments; On The February 22, 2022 Community And Economic Development Committee Agenda And On The March 1, 2022 City Council Agenda As A Public Hearing - City of Oakland

Meeting: *Rules & Legislation Committee on 2022-02-03 10:30 AM - Please See The Agenda To Participate In The Meeting

Meeting Time: February 03, 2022 at 10:30am PST

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Agenda Item

3.22 22-0057 Subject: Resolution To Authorize Section 108 Funds From: Housing And Community Development Department Recommendation: Adopt A Resolution To Authorize The City Administrator To Apply For, Accept, And Appropriate Funds From The United States Department Of Housing And Urban Development Under The Section 108 Loan Guarantee Program For Approximately $34 Million, Not To Exceed Five Times The City's Current Community Development Block Grant At Time Of Application Less Any Outstanding Section 108 Guaranteed Loans And Commitments; On The February 22, 2022 Community And Economic Development Committee Agenda And On The March 1, 2022 City Council Agenda As A Public Hearing