202 FEB 27 PM 2: 58 APPROVED AS TO FORM AND LEGALITY
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CITY ATTORNEY'S OFFICE
OAKLAND CITY COUNCIL
RESOLUTION NO. 9 0 1 2 0 l• C.M.S.---------
RESOLUTION MODIFYING CITY COUNCIL RESOLUTION NO. 88765
C.M.S., AS AMENDED AND RESTATED BY CITY COUNCIL
RESOLUTION NO. 89128 C.M.S., TO NAME THE POSITION OF CITY
ADMINISTRATOR OR THEIR DESIGNEE OR SUCCESSOR AS
AUTHORIZED EXECUTORS OF CALIFORNIA DEPARTMENT OF
HOUSING & COMMUNITY DEVELOPMENT'S (CA HCD) LOCAL
HOUSING TRUST FUND (LHTF) PROGRAM FOR THE CITY'S 2021
LHTF AWARD:
WHEREAS, the State of California (the "State"), Department of Housing and Community Development (the "Department") is authorized to provide up to $57 million under the Local Housing Trust Fund ("LHTF") Program from the Veterans and Affordable Housing Bond Act of 2018 (Proposition 1) (as described in Health and Safety Code section 50842.2 et seq. (Chapter 365, Statutes of 2017 (SB 3)) ("Program"); and
WHEREAS, the Department issued a Notice of Funding Availability ("LHTF NOFA") dated May 3, 2021 under the LHTF Program; and
WHEREAS, the City of Oakland's Affordable Housing Trust Fund, established pursuant to Section 15.62 of Oakland Municipal Code, is an eligible Local Housing Trust Fund applying to the Program to administer one or more eligible activities using Program funds; and WHEREAS, the Department may approve funding allocations for the LHTF Program, subject to the terms and conditions of California Health and Safety Code Section 50842.2, the LHTF Program Guidelines, LHTF NOF A, Program requirements, the Standard Agreement and other related contracts between the Department and LHTF Award recipients; and WHEREAS, pursuant to City Council Resolution No. 88765 C.M.S., dated July 20, 2021, City of Oakland staff was authorized to apply for, accept and appropriate LHTF funds in an amount up to $5 million and committed to providing matching funds from the City of Oakland's Affordable Housing Trust Funds (Fund 1870); and
WHEREAS, City Council Resolution No. 88765 was amended and restated pursuant to City Council Resolution No. 89128 C.M.S., dated April 19, 2022, to include provisions required by the Department for the Program; and