MANDELA STATION AFFORDABLE
HOUSING DEVELOPMENT
C O U N C I L M E M B E R A T - L A R G E R E B E C C A K A P L A N C O U N C I L M E M B E R C A R R O L L F I F E , D I S T R I C T 3
C O M M U N I T Y A N D E C O N O M I C D E V E L O P M E N T C O M M I T T E E M A R C H 1 4 , 2 0 2 3
SUMMARY
This resolution would allocate $18
million of Measure U funds for the
construction of the Mandela
Station Affordable housing
development, in a mixed-use,
mixed ‐ income, transit-oriented
development at the West Oakland
BART station.
240 60 16,000
UNITS OF
AFFORDABLE
HOUSING
DEDICATED UNITS
OF HOMELESS
HOUSING
SQUARE FEET OF
NEIGHBORHOOD
RETAIL SPACE
AT A GLANCE
TRANSIT-ORIENTEDDEVELOPMENT
Housing near jobs
Increased ridership on
public transit
Reduced vehicle miles
traveled/ related
pollution impacts
ADVANCING RACIAL
EQUITY
Undoing the harms of redlining, economic
disinvestment, and physical division from
higher-resourced areas due to the
construction of multiple freeways and
BART tracks
Creates a diverse, high-density
community that provides housing and job
opportunities for existing residents and
does so in a context that respects West
Oakland's rich history
MEASURE U
2022 Affordable Housing and
Infrastructure Bond
$850 million general
obligation bonds to invest
in infrastructure projects
$350 million reserved for
affordable housing
projects
Plan to fund the
construction, acquisition,
and rehabilitation of 2,200-
2,400 affordable housing
units over the next four to
six years
MEASURE U ELIGBILITY
Address
improvements
to the City's
existing core
capital assets
Maintain or
decrease the
City's existing
operations and
maintenance
costs
Address social and
geographic equity and
provide greater
benefit to
underserved
populations and
geographic areas of
greatest need
WHY NOW?
Mandela Station Partners plan to apply for CDLAC/ TCAC funding. Committing Measure U funds prior to the CDLAC/ TCAC deadline in May 2023 will provide a competitive local match in their application.
As a further process is undertaken to identify additional projects to be funded with Measure U, this Resolution takes action to allocate a small fraction of Measure U funding, at this time, to allow a vital project in our pipeline to pursue leveraging outside funds, get underway, and to respond timely to the housing crisis.
*This allocation does not change the timing of the issuance of Measure U bonds.
THANK YOU
COUNCILMEMBER AT-LARGE REBECCA KAPLAN
For questions and follow-up:
Christine Miyashiro, [email protected]