“We are committed to creating housing families can afford,” said Oakland Mayor Sheng Thao. “This grant will help us make significant progress in bringing 240 units of affordable housing to West Oakland and I appreciate the hard work of our City team in securing this funding. I’m proud that our recently passed budget also includes a historic investment of over $200 million in affordable housing which we can leverage for future grants as well. Oakland agrees — we need affordable housing now and we’re going to work hard to make that happen.”

Award components include:

– $4.0 million for the Bay Area’s largest planned 100% affordable housing project (240 units) that will focus on the pre-development efforts necessary to complete the construction document planning and building permitting process. This will accelerate the project team’s ability to complete the remaining financing efforts and begin construction.

Trending

Death of Angelo Quinto, Who Died Like George Floyd,  Haunts Filipino American Family

– $4.0 million in Transit Oriented Development (TOD) infrastructure (sewer main extension) that is required to begin the 100% affordable project as well as an additional 2,705 units of very high-density infill housing (178 additional affordable units), 300,000 square feet of commercial space, and 111,661 square feet of retail space, all adjacent to a BART Station in the heart of the transit system.

– $1.55 million for the City’s Seventh Street Corridor project. This includes connecting the existing and new TOD community with direct access to a high-quality protected bicycle connection between the West Oakland BART Station with the jobs and amenities available in Downtown Oakland.

Furthermore, this project improves pedestrian connection across and along Seventh Street for people walking to their destination or to a transit stop on Seventh Street. Finally, this project will provide transit improvements, including bus boarding islands, upgraded bus shelters, and queue jump lanes.

– $450,000 for equitable transit access by providing funding for prepaid debit cards through Oakland’s Universal Mobility Program for a priority population in the project area.

This program allows recipients to pay for any transit service or shared mobility option, such as bikeshare and e-scooter. By removing financial barriers to transit options, the Universal Mobility Program will provide a positive impact on system-wide ridership across the various transit, micro-mobility, and rail operation services.

This will also serve as a valuable pilot to study ways to boost transit usage.

Together, these investments represent a critical investment in the future of West Oakland as part of a broader strategy to reverse historic disinvestment.

The REAP grant award follows the City’s successful application in early 2023 to secure $2.39 million from the state’s Pro-housing Incentive Pilot Program Grant. This $2.39 million has been committed to support new permanent affordable housing production and leverage additional State resources in summer 2023 funding opportunities. Oakland qualified for this Pro-housing grant when it became the first state designated Pro-housing city in the Bay Area in December 2022.