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90121 C.M.S.

Oakland City Council
February 20, 2024

Document
90121 C.M.S.
Meeting
February 20, 2024
Body
Oakland City Council
Original file
651 KB
Text extracted from the city's file for reading and search. Open the original on oakland.legistar1.com. That file is the official record.

Approved as to Form and Legality
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City Attorney's Office

OAKLAND CITY COUNCIL
RESOLUTION NO. 9 0 1 2. 1 .\· C.M.S.---------
A RESOLUTION AMENDING AND RESTATING RESOLUTION NO.
89975 C.M.S, WHICH AUTHORIZED ACCEPTANCE OF FUNDS

AW ARD ED UNDER ROUND THREE OF THE CALIFORNIA

DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT'S
HOMEKEY PROGRAM AND APPROVED AFFORDABLE HOUSING·

DEVELOPMENT FUNDING FROM HOMEKEY AND CITY MATCHING
FUNDS FOR IMPERIAL INN ( 490 WEST MACARTHUR BOULEY ARD), DIGNITY VILLAGE (9418 EDES/606 CLARA STREET), KINGDOM
BUILDERS TRANSITIONAL HOUSING (624 14TH STREET), THE MA YA (4715 TELEGRAPH A VENUE), AND CSH ENTERPRISE HOUSING (8471

ENTERPRISE WAY), TO ALLOCATE HOMEKEY AND CITY FUNDING

TO EACH OF THESE PROJECTS
WHEREAS, the California Department of Housing and Community Development ("California HCD") is authorized to administer the Homekey Program ("Homekey" or "Program") pursuant to the Multifamily Housing Program (Chapter 6.7 (commencing with Section 50675) of Part 2 of Division 31 of the Health and Safety Code), and Homekey funding allocations are subject to the terms and conditions of the Notice of Funding Availability, the Application, the HCD­ approved STD 213, Standard Agreement ("Standard Agreement"), and all other legal requirements of the Homekey Program; and
WHEREAS, Round 3 of the Homekey Program will make available $736 million in grant funding to local public entities, including cities, counties, or other local public entities within California to sustain and rapidly expand housing for persons experiencing homelessness or at-risk of homelessness, and who are, thereby, inherently impacted by or at increased risk for medical diseases or conditions due to the COVID-19 pandemic; and WHEREAS, Resolution No. 89379 C.M.S., adopted on July 26, 2022, provided pre­ authorization from the City Council for the City Administrator to apply as a local agency partner with developers/operators of potential Homekey projects ("Qualified Sponsors") for up to $200,000,000 in Round 3 of Homekey Program funds from California HCD, allocated up to $21,608,441 in City capital matching funds and up to $13,676,713 in City operating funds to Homekey Round 3 projects, and provided that staff would return to the City Council for approval of specific Homekey projects after submitting Homekey Round 3 applications to California HCD; and

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