7 27-0113 Subject: Affordable Housing Trust Fund Ordinance Update From: Housing And Community Development Department Recommendation: Adopt An Ordinance Amending Chapter 15.62 Of The Oakland Municipal Code To Allow Affordable Housing Trust Funds From Funds Distributed To The City Under Redevelopment Dissolution Laws To Be Used For Operating And Rental Subsidies For Housing Serving People Experiencing Homelessness And Households With Extremely Low Incomes, And Removing The 2027 Sunset Date On Using Such Funds For Anti-Displacement And Homelessness Prevention Services

Meeting: *Community & Economic Development Committee on 2026-10-13 1:30 PM

Meeting Time: October 13, 2026 at 1:30pm PDT

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Agenda Item

7 27-0113 Subject: Affordable Housing Trust Fund Ordinance Update From: Housing And Community Development Department Recommendation: Adopt An Ordinance Amending Chapter 15.62 Of The Oakland Municipal Code To Allow Affordable Housing Trust Funds From Funds Distributed To The City Under Redevelopment Dissolution Laws To Be Used For Operating And Rental Subsidies For Housing Serving People Experiencing Homelessness And Households With Extremely Low Incomes, And Removing The 2027 Sunset Date On Using Such Funds For Anti-Displacement And Homelessness Prevention Services

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Meeting: *Community & Economic Development Committee on 2026-10-13 1:30 PM

Agenda Item