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View Attachment F

Oakland City Council
February 6, 2024

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View Attachment F
Meeting
February 6, 2024
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Oakland City Council
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Text extracted from the city's file for reading and search. Open the original on oakland.legistar1.com. That file is the official record.

Anti-Displacement and
Affordable Housing Measure
KK Program Type
Total
Committed
(Both
Tranches)
Total Spent (Both
Tranches)
Total Balance
Remaining
(Both Tranches) Status Address
Acquisition of Transitional
Housing/Homekey $11,482,392 $11,475,822 $6,570
- The Holland $7,015,745 $7,015,745 $0 Completed 641 W. Grand Avenue - Clifton Hall Homekey $3,416,647 $3,410,077 $6,570
Completed (minor repairs Oct
2023) 5276 Broadway
- Inn at Temescal $1,050,000 $1,050,000 $0 Completed 3720 Telegraph Avenue Bond Measure KK Site
Acquisition Program $15,649,150 $15,649,150 $0
- Highland Palms $3,000,000 $3,000,000 $0 Site acquisition completed 1810 E. 25th Street - 10th Avenue Eastlake $5,000,000 $5,000,000 $0 Site acquisition completed 2515 10th Avenue - 812 E. 24th Street $974,150 $974,150 $0 Site acquisition completed 812 E. 24th Street - Ancora Place $3,500,000 $3,500,000 $0
Site acquisition completed;
see also New Construction. 2255 International Blvd
- Longfellow Corner $3,175,000 $3,175,000 $0
Site acquisition completed;
see also New Construction
3801 Martin Luther King Jr.

Way
Attachment F
Anti-Displacement and
Affordable Housing Measure
KK Program Type
Total
Committed
(Both
Tranches)
Total Spent (Both
Tranches)
Total Balance
Remaining
(Both Tranches) Status Address
Housing Rehabilitation and
Preservation (Existing
Restricted Affordable
Housing) $25,084,000 $17,115,174 $7,968,826
- Harp Plaza $2,800,000 $0 $2,800,000
Developer refining rehab
scope. 430 28th Street
- Empyrean Towers $4,688,000 $4,688,000 $0 Completed 344 13th Street - Fruitvale Studios $2,950,000 $2,950,000 $0 Completed 2600 International Blvd - Frank G. Mar $5,000,000 $5,000,000 $0 Completed 283 13th Street - Hamilton Apartments $4,820,000 $0 $4,820,000
Developer refining rehab
scope. 510 21st Street
- Mark Twain Apartments $4,826,000 $4,477,174 $348,826
Developer refining rehab
scope, and adding new
construction component. 3525 Lyon Avenue
Anti-Displacement and
Affordable Housing Measure
KK Program Type
Total
Committed
(Both
Tranches)
Total Spent (Both
Tranches)
Total Balance
Remaining
(Both Tranches) Status Address
New Construction of
Affordable Housing $6,319,900 $6,160,424 $159,476
- 7th & Campbell $801,900 $642,424 $159,476
Construction underway;
scheduled completed
Summer 2024.
1664 - 1676 7th Street &
Campbell Street
- Camino 23 $100,000 $100,000 $0 Completed
1233-1253 23rd Avenue &
2285 International Blvd
Oakland
- West Grand & Brush $1,318,000 $1,318,000 $0
Construction underway;
completion date being
revised due to storm-related
delays.
760 22nd Avenue & 2201
Brush Street
- 3268 San Pablo (Monarch) $100,000 $100,000 $0 Completed 3268 San Pablo Avenue - Coliseum Place $1,600,000 $1,600,000 $0 Completed 7120 Hawley Street - Aurora Apartments (657 W.

MacArthur) $800,000 $800,000 $0 Completed 657 W. MacArthur - Fruitvale Transit Village IIB $1,600,000 $1,600,000 $0 Construction underway,
scheduled completion
December 2023. 3511 E 12th Street
Anti-Displacement and
Affordable Housing Measure
KK Program Type
Total
Committed
(Both
Tranches)
Total Spent (Both
Tranches)
Total Balance
Remaining
(Both Tranches) Status Address
1-4 Unit Housing Programs
(Pre-ACAH) $1,500,000 $1,050,000 $450,000
- 789 61st Street Cooperative $600,000 $600,000 $0 Completed 789 61st Street - Harvest House $150,000 $150,000 $0 Completed 5940 Hayes Street - 285 Newton Avenue $300,000 $300,000 $0 Completed 285 Newton Avenue - Hillside/Ritchie/76th $450,000 $0 $450,000 See ACAH
8020 Hillside Street; 2684
Ritchie Street, 2735 76th
Avenue, and 1450 86th
Avenue
Anti-Displacement and
Affordable Housing Measure
KK Program Type
Total
Committed
(Both
Tranches)
Total Spent (Both
Tranches)
Total Balance
Remaining
(Both Tranches) Status Address
Acquistion and Conversion to
Affordable Housing (ACAH) $34,507,810 $23,749,786 $10,758,024 - OakCLT Scattered Site $849,616 $849,616 $0
Acquistion completed.

Developer is re-assessing
rehab scope.
8020 Hillside Street; 2684
Ritchie Street, 2735 76th
Avenue, and 1450 86th
Avenue
- 6470 MacArthur Blvd $390,606 $0 $390,606
Loan closing/rehab start early
2024. 6470 MacArthur Blvd
- 1432 12th Ave Coop $1,400,000 $336,115 $1,063,885
Rehab underway, projected
completion late 2023. 1432 12th Avenue
- 6106-6108 Hilton St. $2,400,000 $2,400,000 $0
Projected loan closing in
November 2023 and begin
construction in December
2023. 6106-6108 Hilton Street
- Shadetree/BACLT 5th
Avenue $2,500,000 $2,400,000 $100,000
Acquistion completed. Rehab
scheduled to start early 2024. 48 5th Avenue
- 36th Avenue Apartments $3,750,000 $3,750,000 $0
Acquisition completed. Rehab
scheduled to start winter
2023/24. 36th Avenue Apartments
- 2000 36th Avenue $5,000,000 $5,000,000 $0
Acquisition completed. Rehab
scheduled to start winter
2023/24. 2000 36th Avenue
- Fremont Hotel $5,000,000 $4,364,055 $635,945
Acquisition completed. Rehab
scheduled to start March
2024 524-530 8th Street
Anti-Displacement and
Affordable Housing Measure
KK Program Type
Total
Committed
(Both
Tranches)
Total Spent (Both
Tranches)
Total Balance
Remaining
(Both Tranches) Status Address
Acquistion and Conversion to
Affordable Housing (ACAH)
(cont.) $34,507,810 $23,749,786 $10,758,024
- 10320 MacArthur Blvd. $2,550,000 $2,550,000 $0
Completed. Currently on
ACAH pipeline for additional
rehab funds. 10320 MacArthur Blvd.
- 1658 34th Avenue $1,200,000 $0 $1,200,000
Anticipated to close city
financing in Q1 2024. 1658 34th Avenue
- 1534 29th Avenue $2,100,000 $2,100,000 $0 Acquisition completed. 1534 29th Avenue - Hillside/Ritchie/76th $750,000 $0 $750,000
Anticipated to close city
financing in Q1 2024.
8020 Hillside Street; 2684
Ritchie Street, 2735 76th
Avenue, and 1450 86th
Avenue
- 789 61st Street Cooperative $600,000 $0 $600,000
City loan closing scheduled
December 2023. 789 61st Street
East Bay Capital Portfolio II
Fund $1,700,000 $0 $1,700,000
On ACAH pipeline for
additional funds.
646 Foothill Blvd, 3465
Richmond Blvd, 430 Vernon
Street
Available for Projects $300,000 $0 $300,000
ACAH 2022/23 Awards
- Shadetree/BACLT 5th
Avenue $2,200,000 $0 $2,200,000 See above 48 5th Street - 789 61st Street Cooperative
(ACAH) $400,000 $0 $400,000 See above 789 61st Street
- 2000 36th Avenue $1,417,588 $0 $1,417,588 See above 2000 36th Avenue

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