Uncategorized
Impact of Impending Federal Cuts Worries Richmond Officials
By Danielle
Savage
Richmond officials are alarmed about the impact of $85 billion in automatic federal budget cuts, called sequester, which are scheduled to go into effect March 1. President Obama has warned that the cuts would damage the economic recovery and hit teachers, firefighters, police officers and other government workers.
In public statements, Obama has been turning up the pressure on House Republicans to seek a solution before the deadline, but so far they have shown no interest in making a deal.
Most Republicans have urged their leaders to stay firm in adopting the sequester policy rather than compromising.
“It would be horrible if that went into effect. It’s a bad thing to do, Republicans would rather see the economy go in the tank than to do something positive with president Obama,” said Richmond City Councilmember Jael Myrick.
The cuts would also take money from mothers on WIC, the National Science Foundation, patients with HIV, children in Head Start, homeless program, according to the White House.
“It’s a question of whether we should cut important programs to support tax breaks for really rich people,” said Richmond City Councilmember Jim Rogers.
“Having the Republicans claim to be pro-business, but hurting programs that help to make the economy competitive, that’s not my idea of being pro-business,” said Rogers.
“Libraries, police protection, schools, we need to have [these] things in place when we are trying to attract businesses. Education is expensive, but think about how expensive ignorance is,” said Rogers.
According to Willie Robinson, President of the Richmond Branch NAACP, “President Obama is pushing for a balanced approach.”
“President Obama has talked about tax reforms that make sense,” stated Myrick. “A lot of these tax loopholes have always been a problem, and it’s Republicans and Congress that have to be willing to meet him halfway.”
To raise government revenue, Democrats have proposed closing tax loopholes, including tax breaks for oil companies,
Originally, the sequester was scheduled to take place Jan. 1, but it it was delayed to allow lawmakers to negotiate an agreement.
“There was the fiscal cliff, and through that whole process, the Republicans have always pushed that we are out of control in our spending,” said Robinson.
“Washington needs to come together and devise some short term means of supporting the portion of the population that’s struggling the most,” said Robinson.
“Spending cuts would be bad for everyone in America, but would especially hurt low-income cities like Richmond,” said Rogers.
Uncategorized
Oakland Housing and Community Development Department Awards $80.5 Million to Affordable Housing Developments
Special to The Post
The City of Oakland’s Housing and Community Development Department (Oakland HCD) announced its awardees for the 2024-2025 New Construction of Multifamily Affordable Housing Notice of Funding Availability (New Construction NOFA) today Five permanently affordable housing developments received awards out of 24 applications received by the Department, with award amounts ranging from $7 million to $28 million.
In a statement released on Jan. 16, Oakland’s HCD stated, “Five New Construction Multifamily Affordable Housing Development projects awarded a total of $80.5 million to develop 583 affordable rental homes throughout Oakland. Awardees will leverage the City’s investments to apply for funding from the state and private entities.”
In December, the office of Rebecca Kaplan, interim District 2 City Councilmember, worked with HCD to allocate an additional $10 Million from Measure U to the funding pool. The legislation also readopted various capital improvement projects including street paving and upgrades to public facilities.
The following Oakland affordable housing developments have been awarded in the current round:
Mandela Station Affordable
- 238 Affordable Units including 60 dedicated for Homeless/Special Needs
- Award: $15 million + previously awarded $18 million
- Developer: Mandela Station LP (Pacific West Communities, Inc. and Strategic Urban Development Alliance, LLC)
- City Council District: 3
- Address: 1451 7th St.
Liberation Park Residences
- 118 Affordable Units including 30 dedicated for Homeless/Special Needs
- Award: $28 million
- Developer: Eden Housing and Black Cultural Zone
- City Council District: 6
- Address: 7101 Foothill Blvd.
34th & San Pablo
- 59 Affordable Units including 30 dedicated for Homeless/Special Needs
- Award: $7 million
- Developer: 34SP Development LP (EBALDC)
- City Council District: 3
- Address: 3419-3431 San Pablo Ave.
The Eliza
- 96 Affordable Units including 20 dedicated for Homeless/Special Needs
- Award: $20 million
- Developer: Mercy Housing California
- City Council District: 3
- Address: 2125 Telegraph Ave.
3135 San Pablo
- 72 Affordable Units including 36 dedicated for Homeless/Special Needs
- Award: $10.5 million
- Developer: SAHA and St. Mary’s Center
- City Council District: 3
- Address: 3515 San Pablo Ave.
The source of this story is the media reltations office of District 2 City Councilmember Rebecca Kaplan.
Activism
Oakland Housing and Community Development Department Awards $80.5 Million to Affordable Housing Developments
In a statement released on Jan. 16, Oakland’s HCD stated, “Five New Construction Multifamily Affordable Housing Development projects awarded a total of $80.5 million to develop 583 affordable rental homes throughout Oakland. Awardees will leverage the City’s investments to apply for funding from the state and private entities.”
Special to The Post
The City of Oakland’s Housing and Community Development Department (Oakland HCD) announced its awardees for the 2024-2025 New Construction of Multifamily Affordable Housing Notice of Funding Availability (New Construction NOFA) today Five permanently affordable housing developments received awards out of 24 applications received by the Department, with award amounts ranging from $7 million to $28 million.
In a statement released on Jan. 16, Oakland’s HCD stated, “Five New Construction Multifamily Affordable Housing Development projects awarded a total of $80.5 million to develop 583 affordable rental homes throughout Oakland. Awardees will leverage the City’s investments to apply for funding from the state and private entities.”
In December, the office of Rebecca Kaplan, interim District 2 City Councilmember, worked with HCD to allocate an additional $10 Million from Measure U to the funding pool. The legislation also readopted various capital improvement projects including street paving and upgrades to public facilities.
The following Oakland affordable housing developments have been awarded in the current round:
Mandela Station Affordable
- 238 Affordable Units including 60 dedicated for Homeless/Special Needs
- Award: $15 million + previously awarded $18 million
- Developer: Mandela Station LP (Pacific West Communities, Inc. and Strategic Urban Development Alliance, LLC)
- City Council District: 3
- Address: 1451 7th St.
Liberation Park Residences
- 118 Affordable Units including 30 dedicated for Homeless/Special Needs
- Award: $28 million
- Developer: Eden Housing and Black Cultural Zone
- City Council District: 6
- Address: 7101 Foothill Blvd.
34th & San Pablo
- 59 Affordable Units including 30 dedicated for Homeless/Special Needs
- Award: $7 million
- Developer: 34SP Development LP (EBALDC)
- City Council District: 3
- Address: 3419-3431 San Pablo Ave.
The Eliza
- 96 Affordable Units, including 20 dedicated for Homeless/Special Needs
- Award: $20 million
- Developer: Mercy Housing California
- City Council District: 3
- Address: 2125 Telegraph Ave.
3135 San Pablo
- 72 Affordable Units including 36 dedicated for Homeless/Special Needs
- Award: $10.5 million
- Developer: SAHA and St. Mary’s Center
- City Council District: 3
- Address: 3515 San Pablo Ave.
The source of this story is media reltations office of District 2 City Councilmember Rebecca Kaplan.
Alameda County
Oakland Acquisition Company’s Acquisition of County’s Interest in Coliseum Property on the Verge of Completion
The Board of Supervisors is committed to closing the deal expeditiously, and County staff have worked tirelessly to move the deal forward on mutually agreeable terms. The parties are down to the final details and, with the cooperation of OAC and Coliseum Way Partners, LLC, the Board will take a public vote at an upcoming meeting to seal this transaction.
Special to The Post
The County of Alameda announced this week that a deal allowing the Oakland Acquisition Company, LLC, (“OAC”) to acquire the County’s 50% undivided interest in the Oakland- Alameda County Coliseum complex is in the final stages of completion.
The Board of Supervisors is committed to closing the deal expeditiously, and County staff have worked tirelessly to move the deal forward on mutually agreeable terms. The parties are down to the final details and, with the cooperation of OAC and Coliseum Way Partners, LLC, the Board will take a public vote at an upcoming meeting to seal this transaction.
Oakland has already finalized a purchase and sale agreement with OAC for its interest in the property. OAC’s acquisition of the County’s property interest will achieve two longstanding goals of the County:
- The Oakland-Alameda Coliseum complex will finally be under the control of a sole owner with capacity to make unilateral decisions regarding the property; and
- The County will be out of the sports and entertainment business, free to focus and rededicate resources to its core safety net
In an October 2024 press release from the City of Oakland, the former Oakland mayor described the sale of its 50% interest in the property as an “historic achievement” stating that the transaction will “continue to pay dividends for generations to come.”
The Board of Supervisors is pleased to facilitate single-entity ownership of this property uniquely centered in a corridor of East Oakland that has amazing potential.
“The County is committed to bringing its negotiations with OAC to a close,” said Board President David Haubert.
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