2.11 22-0480 Subject: Housing Accelerator Program Award
From: Housing And Community Development Department
Recommendation: Adopt The Following Pieces Of Legislation;
1) A Resolution Authorizing The City Of Oakland, A California Municipal Corporation, To Enter Into, Execute, And Deliver A Housing Accelerator Standard Agreement From The California Department Of Housing And Community Development For The Ancora Place Affordable Housing Project Located At 2227-2257 International Boulevard To Be Developed By Satellite Affordable Housing Associates ("SAHA") In An Amount Not To Exceed Thirty-Eight Million Six Hundred Twenty-Eight Thousand Eight Hundred Sixty-Seven Dollars ($38,628,867); And