2013 Allocation Of Funds For The Affordable Housing Trust

Publish Date: Sep, 23 2019

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Policy

With the dissolution of Redevelopment Agencies throughout California, Oakland lost millions of dollars in annual revenue used to finance and support affordable housing development projects. Affordable housing is vital to ensuring that Oakland remains a place for everyone, providing housing to Oakland households and workers as well as seniors on a fixed income.

This legislation continues Oakland’s commitment to funding affordable housing by allocating significant funding towards affordable housing.