Oakland to update recipient of $35.9M housing and transportation funding

Oakland is scheduled to amend its authorization for $35.87 million in state housing and transportation funds for the 285 12th Street project. The change replaces 285 12th Street, L.P. with 285 Development LP as the recipient of a $20.37 million state loan; the city’s $14.62 million share is unchanged. The Rules & Legislation Committee scheduled the matter on Nov. 5, 2026, and the proposed amendment is listed for the Public Works & Transportation Committee on Nov. 17.

Subject: Amendment To Resolution No.91092 C.M.S. From: Department Of Transportation Recommendation: Adopt A Resolution Amending City Council Resolution No. 91092 C.M.S. Authorizing The City To Accept And Appropriate Loan And Grant Funds Under The State Of California’s Round 9 2025-2026 Affordable Housing And Sustainable Communities Program For The 285 12th Street Project, In An Amount Not To Exceed $35,873,066

Nov 17, 202627-0203: Subject: Amendment To Resolution No.91092 C.M.S. From: Department Of Transportation Recommendation: Adopt A Resolution Amending City Council Resolution No. 91092 C.M.S. Authorizing The City To Accept And Appropriate Loan And Grant Funds Under The State Of California’s Round 9 2025-2026 Affordable Housing And Sustainable Communities Program For The 285 12th Street Project, In An Amount Not To Exceed $35,873,066Source documentPDF 1PDF 2