Oakland
From the meeting · Community and Economic Development Committee, · 0:20
What happens once the housing bond money runs out?
The committee is allocating up to $50 million from the third round of Measure U housing bonds, and staff have just said only one more round is expected after this.
a councilmember and city staff
Automatic captions
Speech-to-text from the recording, unchecked.
a councilmember This feels like a crisis to me that we're about to be out of this money.
a councilmember I mean, you guys have done a great job of getting the money out the door.
a councilmember That's exactly what you're supposed to do.
a councilmember But, you know, we have not solved affordable housing.
a councilmember I mean, are you are you worried about what comes next?
city staff Through the care, yes.
city staff We will need we will need additional sources.
Where it's from
- $50 million in Measure U bond money for affordable housing Item 6: what happened
- The episode: Committee backs shorter parking contract extension; capital audit and housing bonds head to council
- The full recording from here