3.7 22-0570 Subject: Allocate Funds And Authorized Affordable Housing Development Loans From: Housing & Community Development Department Recommendation: Adopt A Resolution Amending Resolution No. 22-0436 C.M.S., Which Allocated Funds And Authorized Affordable Housing Development Loans For New Construction Projects In A Total Amount Not To Exceed $30,561,000, To Authorize An Additional Allocation In An Amount Not To Exceed $7,000,000 And An Additional Affordable Housing Development Loan For The 2700 International Boulevard Project (2700-2720 International Boulevard & 1409-1415 Mitchell Street), Contingent On Funding From The 2022 State Local Housing Trust Fund; On The July 5, 2022 Special City Council Agenda On Non-Consent - City of Oakland

Meeting: *Rules & Legislation Committee on 2022-06-23 10:30 AM - Please See The Agenda To Participate In The Meeting

Meeting Time: June 23, 2022 at 10:30am PDT

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3.7 22-0570 Subject: Allocate Funds And Authorized Affordable Housing Development Loans From: Housing & Community Development Department Recommendation: Adopt A Resolution Amending Resolution No. 22-0436 C.M.S., Which Allocated Funds And Authorized Affordable Housing Development Loans For New Construction Projects In A Total Amount Not To Exceed $30,561,000, To Authorize An Additional Allocation In An Amount Not To Exceed $7,000,000 And An Additional Affordable Housing Development Loan For The 2700 International Boulevard Project (2700-2720 International Boulevard & 1409-1415 Mitchell Street), Contingent On Funding From The 2022 State Local Housing Trust Fund; On The July 5, 2022 Special City Council Agenda On Non-Consent