Measure U for
Transportation and
Housing
March 25, 2025
Public Works & Transportation Committee
1 Transportation Impacts of
Delayed Bond Sale
OakDOT Capital Budget Overview
• 2016 Measure KK provided $350M of bonds to DOT
• Fully spent or encumbered as of Fall 2024
• $290M of Measure U infrastructure bonds
approved in 2022
• Primary funding for paving and sidewalks
• Local match for competitive grants (e.g. 14th St)
• >$300M of competitive grants secured in past 5
years
• 23 new grant applications submitted in 2024
• >$50M in applications pending
Bonds are critical for OakDOT’s
capital budget
4 • While 2022 Measure U guarantees $290M
of bonds to DOT, $0 of Measure U funds
have been received to date
• Fall 2024 bond sale was delayed, so no
funds were issued in FY 25
• Typical DOT budget would include $60M-
$80M in FY26 from a new Measure U sale,
plus additional funds to make up for lack
of sale in FY 25
Impacts from Delayed Bond Sale:
Paving, Curb Ramps & Sidewalks
5 As of January 31, 2025:
• No new contract paving projects initiated.
• No new curb ramp and sidewalk construction
projects initiated.
Beginning July 1, 2025:
• Reassign paving and curb ramp design staff to
grant-funded projects.
• Instead of paving 50+ miles, OakDOT will pave
~10 miles, unless a bond sale takes place.
Impacts from Delayed Bond Sale:
Major Capital Projects and other
CIP Programs
6 • Cut or delay capital projects, including delaying the Lakeside Drive/Lake Merritt Complete Streets Project and 42nd/High Street Improvements Project
• No new grant-matching commitments can be made even if awarded by external grantors.
• 33% reduction in funding for Bike/Ped Plan Implementation, Traffic Signals, Safe Routes to School/Neighborhood Traffic Calming CIP programs
• 30% reduction in funding for Bridges & Emergency Roadway Repairs • Freeze 15 full-time vacant positions (engineering, planning, and operations)
Beginning July 1, 2025:
7 5-Year Paving Plan
Paving completed
to date and
currently in
construction
(March 2025)
8 5-Year Paving Plan
Planned paving
with bond sale
($80M for
transportation)*
*$66M for paving and $14M for grants/other
DOT capital programs. 1 st Round FY 26 and
futureto commence as soon as bonds arrive.
9 5-Year Paving Plan
Planned paving
with bond sale
($133M for
transportation)*
*$119M for paving and $14M for grants/other
DOT capital programs
Housing Impacts of Delayed
Bond Sale
HCD's Capital Budget
• $141.6 million in HCD's FY 2024-25 mid-cycle budget
• Of this, $130 million second tranche Measure U
• Additional $10 million in Measure U authorized by Council in December 2024
• These funds have been committed to 9 projects
• They contain 922 affordable homes
• Of these, 382 are reserved for homeless/special needs residents • These funds also include $30 million for the Acquisition and Conversion to Affordable Housing (ACAH) Program, $21 million for the Rapid Response Homeless Housing Program (R2H2), and $7 million for the Preservation NOFA
Current Tax Credit Applicants
Residences at Liberation Park
Mandela Station Affordable
The Eliza
34th & San Pablo Ave.
2700 International Blvd.
Housing Impacts Without Bond Sale
• If projects win tax credits, the City may not be able to meet funding commitment
• Immediate consequences could include:
• Projects return tax credits/ cannot move forward
• Severe penalties to affordable housing developer
In the long run, this would deter affordable housing developers from working in Oakland, reducing the quantity and quality of applications Oakland receives
Housing Impacts Without Bond Sale
• Additional consequences include:
• 125-unit Extended Stay American Project unable to convert to permanent housing
• Delays to Rapid Response Homeless Housing (R2H2) program • Potential need to return State Homekey Awards if timeliness not met
• Negative impact- delays on implementation of Acquisition and Conversion to Affordable Housing (ACAH) Program
• Delayed issuance of RFP for rehab of existing affordable housing
• Project delays could lead to significant cost increases, permanently reducing the number of affordable homes the City can fund
Thank you!
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