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Housing Opportunity Fund advisory board ratifies earlier minutes and approves program and grant actions
Summary
At its February meeting the Housing Opportunity Fund (HOF) advisory board ratified previous minutes, re-confirmed a change to the Homeowner Assistance Program (HAP), approved a grant increase for Oakland Planning and Development Corporation, and adopted demonstration program guidelines to fund innovation pilots and urgent/emergent housing needs.
The Housing Opportunity Fund advisory board voted at its February meeting to ratify meeting minutes and approve several program changes and grants.
The advisory board approved the January 7 meeting minutes and ratified December 2024 minutes. The board re-confirmed a previously proposed change to the Homeowner Assistance Program (HAP), converting the program from a deferred loan plus grant structure to a grant accompanied by a 10-year deed restriction. The motion to adopt the HAP change was moved by James Reid and seconded by Karen Garrett; the board recorded multiple ayes and one abstention (Selena Andrews). The advisory board also approved an…
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