Hope VI Project Double-Crosses Oakland Renters

By Lynda Carson October 24, 2006

Oakland CA - A developer's recent glossy sales brochure paints the Coliseum Gardens housing development in East Oakland as being the next best thing, since chocolate milk. Being hailed as the most comprehensive development to date for one of Oakland's largest nonprofit housing developers, an indepth look beyond the hype and propaganda being used to measure the success of the project reveals that only 4 out of the 178 low-income public housing families displaced by the development, actually managed to return to the newly rebuilt housing complex that was recently christened as Lion Creek Crossings.

Phase 1 of the massive 20 acre gentrification project at the Coliseum Gardens/Lion Creek Crossings mixed income housing development was completed in June of 2006, with phase 4 of the development expected to be completed by December 2008.

Documents reveal that as an effort to reduce violence and drug trafficking within and around the Coliseum and Lockwood communities of Oakland, the HOPE VI program enabled the Oakland Housing Authority (OHA) to use nearly $61 million in federal funding as a major Police Action designed to displace Oakland's low-income communities from the above mentioned locations.

These projects displacing the poor are only a small part of what is known as the Oakland Coliseum Redevelopment Area, which is approximately 11 square miles in size, extending from 22nd Ave., all the way to the San Leandro City limits, and is located between E. 14th St., and the Oakland Estuary/Airport.

The OHA's Board of Commissioners approved the selection of the East Bay Asian Local Development Corporation (EBALDC), the Related Companies of California (Related Companies), and Chambers General Construction as co-developers of the Coliseum Gardens public housing site during its board meeting on October 21, 2002. As partners in the development project, the OHA owns the land, and the developers own the buildings.

As a result of the OHA approval, local nonprofit housing developer EBALDC and Related Companies, LLC., out of New York City, created Creekside Housing Partners, L.P., to take control of Oakland's public housing property at the Coliseum Gardens site.

After the eviction of 178 families and the demolition of their 178 public housing units during 2004, Creekside Housing Partners (CHP) moved as quickly as possible to rebuild and finish off "phase 1," of their gentrification project. Phase 1 of the development is managed by Related Companies, the tenants pay their rents to the New York based firm, and during the past 6 months the developers have moved people into 115 newly rebuilt housing units at the development.

Twima Early works at the management office of Related Companies located at Lion Creek Crossings and was eager to help shed some light on whats been going on at the newly privatized public housing site in East Oakland.

In an October 18 interview, Twima Early said, "During the past 6 months, we have completed phase 1 of our project and moved people into 115 housing units at our new development. Out of the 178 families who were originally displaced by our project, the OHA sent us a list of 13 families who were eligible to move back into this location, and only 4 of those families actually moved into our new development."

"It seemed odd that the Housing Authority would only allow 13 families to move back into this location, and I can't explain why so few were allowed to return," said Early.

When Randy Shaw of the Tenderloin Housing Clinic learned how few of the original public housing tenants that were actually allowed to move back into the Coliseum Gardens/Lion Creek housing development, he said, "The Hope VI program has once again proved to be the major cause of the displacement of low-income people. I've never heard of numbers so skewed before in regards to the displacement of families who were promised that the Hope VI project would be beneficial to them."

Since 1994, Oakland officials and the Federal Government have targeted Oakland's poor with nearly $84 million in federal funding through the Hope VI program, in an effort to displace the low-income communities from such housing projects known as Lockwood Gardens, Chestnut Court, Westwood Gardens, and the Coliseum Gardens. The above mentioned funds do not include all the other funding sources that have been used to dump the poor from their public housing units, in the name of the Hope VI program.

The privatization of Oakland's public housing units have been occurring at a rapid pace. When wealthy billionaire Stephen M. Ross, CEO of Related Companies, teamed up with local nonprofit housing developer EBALDC to re-develop the Coliseum Gardens/Lion Creek housing complex, it became apparent that the developers made out much better than the displaced families did.

Carlos Castellanos of EBALDC is involved in the Coliseum Gardens/Lion Creek development, and when I asked how did this project benefit the families who used to reside there or how is the City of Oakland benefitting from the displacement of so many families, Castellanos said, "These are loaded questions and not something that I want to talk about. I think that a lot of those tenants did not really want to move back, and I think that you really need to talk to the Housing Authority to find out what happened to all of those families."

Vivian Haine resided in a public housing unit near the Coliseum Gardens site, and said, "About a year ago, Kim Boyd the site manager where I resided at, told me that I'm lucky to be living here even if there is no money for repairs at this building, because they did'nt have enough funding to finish off the project at Coliseum Gardens, and most of the evicted tenants had no where to go. I believe that many of the families displaced from the Coliseum Gardens development could'nt find any housing to move into and may have become homeless," Haine said.

Records show that on June 24, 2006, the OHA's Board of Commissioners approved the use of market rate rents in its Project-Based Section 8 program at the Coliseum Gardens/Lion Creek development, to cover a $600,000 funding shortfall after the EBALDC/Related Companies claimed that they needed more money to complete phase 3 of the project.

A Sept. 19, 2006, OHA memo mentions that EBALDC/Related Companies are co-developing the rental portion at Coliseum Gardens/Lion Creek Crossings site, which will include 157 units of public housing. The total number of rental units, including public housing, now planned is approximately 440 units, plus another 28 units of for-sale housing which are planned to be developed by Chambers Construction Company.

With the demolition of 178 public housing units by the developers, and only 157 public housing units being rebuilt at the Coliseum Gardens/Lion Creek Crossings housing site, theres been a net loss of 21 public housing units at this location.

Despite the fact that Stephen M. Ross, CEO of Related Companies, is so wealthy that during 2004 he gave away $100 million to the University of Michigan, the OHA and City of Oakland continue to funnel millions of dollars to the EBALDC/Related Companies partnership, in an effort to privatize part of Oakland's public housing program in East Oakland.

Since it's inception, the Hope VI program has resulted in the demolition of more than 120,000 public housing units across the nation, only to be replaced by 40,000 mixed income units, and less than 12% of the displaced families managed to gain entry back into the locations they were originally evicted from. In order to make way for the new housing projects being developed that resulted in the privatization of the nation's public housing properties, around 30% of the displaced families are given Section 8 vouchers, 49% are moved into other public housing units, and most of the rest often end up losing their housing assistance.

Lynda Carson may be contacted at; tenantsrule@yahoo.com

---Nonprofits Involved In Privatizing Oaklands Public Housing---

[Wealthy nonprofit housing developers and wealthy billionaires are setting their sights on Oakland's public housing properties as the Federal Government cuts back on funding subsidies needed to run and properly maintain the nations public housing units.]

Asides from EBALDC, Bridge Housing is one of California's largest nonprofit housing developers that has also been involved in partnerships with the Oakland Housing Authority and Hope VI projects in Oakland, that have displaced low-income communities from the Chestnut Court, Westwood Gardens, and Coliseum Gardens public housing sites.

BRIDGE Housing :
With over 12000 homes and counting, BRIDGE has become the leading affordable housing developer in California. We build a range of housing types that not ...
http://www.bridgehousing.com/

***********
Project Summary: Chestnut Court

OWNER/DEVELOPER
BRIDGE Housing Corporation, Inc.

ARCHITECT
Michael Willis Architects

LANDSCAPE ARCHITECT
PGA Design

CONTRACTORS
The James E. Roberts Obayashi Construction

PROPERTY MANAGEMENT
John Stewart Company
FUNDERS: TYPE:
HUD HOPE VI Grant
Redevelopment Agency of the City of Oakland Loan
Oakland Housing Authority Local Funds Loan
CalHFA HELP Loan
FHLB Affordable Housing Program Loan
World BRIDGE Initiative Construction Loan

DEVELOPMENT TYPE:
Rental apartments and townhomes.

RESIDENT PROFILE:
30% AMI to moderate income.

DENSITY: 26 units per acre

DEVELOPMENT PROFILE
Type #/Units Size (sf) Rent
1 BR 4 735 $660 - $754
2 BR 34 905-1189 $790 - $904
3 BR 26 1191 $904 - $1098
4 BR 8 1341 30% AMI
Total 72 ??Laundry: Community Laundry/child care/retail
Courtyard/play: Courtyard
Parking: 58 tuck under, 12 surface spaces
Total site area: 122,808sf (2.8 acres)

CONSTRUCTION TYPE
Modular units of OSB sheathing, 2x6 studs and open wood truss floors.

DEVELOPMENT COSTS:
Land cost: $1,700,000; Constr. costs: $6,500,000; Other costs: $550,000; Total development costs: $8,750,000 ($312,500/unit); Completed in phases over 2004.

************

[Forbes 400 List of Billionaires]

http://www.forbes.com/business/global/2006/1016/058_2.html

Stephen Ross
$2.5 billion
Real estate. New York City.
66. Married, 4 children

---Wealthy Billionaire Stephen M. Ross, Gets His Hands On Oakland's Coliseum Gardens Public Housing Site---

Forbes 400 Info:
Nephew of late Forbes 400 member Max Fisher (d. 2005) (Stephen M. Ross) started out as tax lawyer. Founded developer Related 1972; initially focused on building, financing low-income housing. Branched into riskier luxury buildings; nearly went bankrupt early 1990s. Recovered. Has developed more than $15 billion worth of property across the country including NYC's Time Warner (nyse: TWX - news - people ) Center; Ross lives, works in the building, takes elevator from his penthouse to his corner office. Latest project: with Vornado's Steven Roth (see), $7 billion reconstruction of New York's Madison Square Garden and Penn Station. Recently purchased Equinox Fitness Clubs, integrating workout centers into new developments. "This is a great time to be in real estate. This is the 15 seconds of sun." Still finances affordable housing via publicly traded Charter Mac. Donated $100 million to alma mater University of Michigan business school in 2004.

***********
[EBALDC and Related Companies, LLC., created Creekside Housing Partners, L.P., to take control of Oakland's public housing property in East Oakland at the Coliseum Gardens site, now known as Lion Creek Crossings. Chambers Construction will develop the homeownership portion at Lion Creek Crossings with EBALDC and The Related Company jointly responsible for the apartments.]

---Lion Creek Crossing (Coliseum Garden) Now Renting---

http://www.ebaldc.org/realestate_dev.html

From EBALDC Website:
The Oakland Housing Authority received a HOPE VI grant to replace its 178 notorious Coliseum Garden apartments with a mixed income development of over 350 apartments and approximately 28 homes for sale. EBALDC assembled a development team, which includes The Related Company of California and Chambers Construction to work with the housing authority. Chambers Construction will develop the homeownership portion with EBALDC and The Related Company jointly responsible for the apartments. The development will surround a revitalized 5 acre City Park and Lion creek, which will also be restored by the city. The first phase of this development includes 115 apartments and 7,500 square feet of space for community services.

Click below for photos and EBALDC contact number...

http://www.ebaldc.org/lion_creek.html

This phase is under construction with a second phase of 146 apartments and another 7,500 square feet scheduled to start late in 2005. Community services anticipated include a Head Start Child Care Center, youth and after school programs, health programs, career counseling and business development opportunities. A third phase is being planned with over a hundred family apartments and townhouses that will overlook the restored Lion creek and city park.

These brand new Lion Creek Crossing apartments are ready for occupants. Contact EBALDC today at (510) 287-5353 for details....

^^^^^^^^^^^^^
[CHAMBERS CONSTRUCTION]
http://www.chambersconstruction.com/
Carolyn Silva. Chambers, owner of Chambers Construction
CHAIRMAN & C.E.O. CHAMBERS COMMUNICATIONS
Home-86220 DERY Rd or 86054 DERY Rd.
PLEASANT HILL, OREGON 97455 (541) 746-1510 -- (541) 988-5732
(Born September of 1931)
Political Donations (2004) to George W. Bush $2,000 -- $500 contributed to the RNC

Carolyn Silva. Chambers' business empire includes real estate, a construction company, a vineyard, and the crown jewel, Chambers Communications Corp.

http://en.wikipedia.org/wiki/KEZI -- http://www.cmc.net/~chambers/

Local -- Chambers Construction Co (510) 569-3081 7506 Macarthur Blvd Oakland, CA.

^^^^^^^^^^^^^
Search Results for Lion Creek Crossing from Related website:

http://tinyurl.co.uk/wwvv

Lion Creek Crossing
Location: 800 69th Street
Oakland, CA 94612
Property Type: Affordable Rental
Multifamily Rentals
Neighborhood Revitalization
Organizations: Related California


---EBALDC Partnership With Related Companies---

EBALDC -- East Bay Asian Local Development Corporation

(Lynette Jung Lee is the Director of EBALDC)

http://www.ebaldc.org/

^^^^^^^^^^^^^^^^
[Related Companies]

Related Corporate Structure

http://www.related.com/index.asp?model=relatedStructure&view=1&companyid=7

Stephen M. Ross is head/CEO of Related Companies...

STEPHEN M ROSS (Born in May of 1940)
(Home)´?956 5TH AVE ´
NEW YORK, NY?10021? ?
(212) 772-1196 or (212) 772-7659?

---Stephen M. Ross resides at 956 Fifth Avenue, in New York---
Home of Stephen M. Ross at 956 Fifth Avenue. This finely detailed building has an unusual and ... by in 1920 the Real Estate Board of New York, the City Club and the Fifth ...

http://www.thecityreview.com/ues/fifave/fif956.htm ?

_______________
Related of California

http://tinyurl.co.uk/ez7t

RELATED EXECUTIVE OFFICERS
Stephen M. Ross

Jeff T. Blau
Michael J. Brenner
David J. Wine

************
About Stephen M. Ross / CharterMac

http://www.chartermac.com/?a=sross

Board of Trustees
Stephen M. Ross
Chairman

Stephen M. Ross is non-executive Chairman of the Board of Trustees of CharterMac. Mr. Ross is the founder, Chairman, Chief Executive Officer and Managing General Partner of The Related Companies, L.P. ("TRCLP"). Mr. Ross began his career working for the accounting firm of Coopers & Lybrand in Detroit as a tax attorney. Later, he moved to New York, where he worked for two large Wall Street investment banking firms in their real estate and corporate finance departments before founding TRCLP in 1972. Mr. Ross graduated from The University of Michigan School of Business with a Bachelor? degree in Business Administration and from Wayne State School of Law with a Juris Doctor degree. He then received a Master of Law degree in Taxation from the New York University School of Law. Mr. Ross endowed the "Stephen M. Ross School of Business" at The University of Michigan. Mr. Ross is a member of the Executive Committee of the Board of Directors of the Real Estate Board of New York and is a trustee of the National Building Museum. Mr. Ross also serves on the Board of Directors of Kerzner International Ltd. (NYSE: KZL), Equinox Holdings, Inc. (an affiliate of TRCLP), the Juvenile Diabetes Research Foundation, the Jackie Robinson Foundation and the Guggenheim Museum.

************
Wednesday, May 17, 2006

http://www.ebho.org/calendar.htm

¥ Lion Creek Crossings Open House of Phase 1 and Groundbreaking of Phase 2
Lion Creek Crossings will create a new community in the blighted and neglected Central East Oakland district and will be the catalyst for revitalizing the entire Coliseum BART station into a Transit Village. This HOPE VI development will provide up to 437 units over four phases of permanent affordable rental housing and 28 for-sale units for first time homebuyers. This is a joint venture between EBALDC, Related Companies of California and the Oakland Housing Authority.

Location: 915 69th Avenue, Oakland Ca, 94621
Time: 11:00 AM ?1:00 PM
Sponsored by: Sponsored by East Bay Asian Local Development Corporation (EBALDC)
For more information: Joyceland 510.287.5353 / jfarrow@ebaldc.com

************
---Stephen M. Ross Gives Away $100,000 Million Dollars---
University of Michigan -- (Stephen M. Ross gives away $100,000 million)
New York City real estate developer Stephen M. Ross gives $100 million to University ... chairman and chief executive officer of The Related Companies, LP, ...

http://www.umich.edu/news/?Releases/2004/Sep04/donor/index

************
[Oakland Budget Summary for 2006 - Oakland Redevelopment Agency]
Personnel Services and Related Overhead Costs - FY 2006-07 . ... Lions Creek Crossings (Coliseum Gardens) Phase I. $1,500,000. Lions Creek Crossings (Coliseum ...

http://tinyurl.co.uk/y1jq

************
Page 1)
Executive Off
Oakland Housing Authority MEMORANDUM

http://www.oakha.org/public_announcement/092506VICmemo.pdf

To: Board of Commissioners
From: Jon Gresley, Executive Director

Subject: Resolution Approving Use of Additional Local Funds for Park Construction
at the Lion Creek Crossings HOPE VI Primary Site and Amending the
Predevelopment Services Agreement to Effect the Change

Date: September 19, 2006

This correspondence transmits for your consideration and approval a resolution
authorizing the use of $287,593 in Authority Local Funds for construction of the
preliminary phase replacement park at Lion Creek Crossings. This proposed additional
allocation of funds to the park is part of the $7 million previously approved by the Board
for use in the Lion Creek Crossings redevelopment.

Background:
The Authority was awarded a HOPE VI grant in the amount of $34.5 million in 2000 to
revitalize the 178-unit Coliseum Gardens public housing development. The Board
approved the selection of East Bay Asian Local Development Corporation (EBALDC), The
Related Companies of California (Related) and Chambers Construction Company
(Chambers) as co-developer partners for redevelopment of the original public housing
site and several adjacent or nearby properties (the ?rimary Site?, now renamed Lion
Creek Crossings. EBALDC and Related are co-developing the rental portion of the
Primary Site, which will include 157 units of public housing. The total number of rental
units, including public housing, now planned is approximately 440. Twenty-eight (28)
units of for-sale housing are planned to be developed by Chambers. The construction
of new streets and utilities and the reconfiguration of a public park are planned as part
of the rental housing development.

The remaining 21 units of public housing are included in a recently constructed 65-unit
development on Foothill Boulevard in Oakland.

In addition to the rental housing, the project includes the reconfiguration of Coliseum
Gardens Park and the restoration of a portion of Lion Creek. The City of Oakland is
managing the restoration of a portion of the creek that runs through the park. A grant
from the California Pollution Control Finance Authority and the City of Oakland is
providing funds for park planning. Pacific Gas and Electric Company has awarded
$175,000 for park construction. The California Housing and Community Development
Department has awarded the City of Oakland approximately $500,000 which is planned
to be used for park construction. Our developer partners and staff are searching for
additional sources of funding for park construction.

Page 2-
In a Land Exchange Agreement that was executed between the Authority and the City,
the Authority agreed to construct a temporary replacement park during the period when
the existing park is taken out of service. The Developer has received an estimate of
$388,735 from its general contractor for the cost of constructing a temporary
replacement park. The Developer plans to start construction on Phase III of the rental
housing on the site of the existing City park in October, and the temporary park is
required to be in place prior to the start of construction on this phase. The grant funds
described previously are not yet available, but will be in the future.

All park facilities related to the development are to be constructed by the Developer
under the terms of an Amended and Restated Predevelopment Services Agreement
(PSA). The current PSA includes a provision for the use of $101,142 in Authority Local
Funds for park construction. The proposed resolution would authorize the use of an
additional $287,593 in Authority Local Funds for the immediate construction of the
preliminary phase replacement park, for a total of $388,735.

It is expected that the Authority will be reimbursed for the use of this additional
allocation of its Local Funds as the above-described grant funds become available. If
that occurs, the Local Funds will be available for reallocation within the project.

Proposed Action:

It is recommended that the Board of Commissioners adopt the attached resolution
approving the use of an additional $288,593 in Authority Local Funds for construction of
the preliminary phase replacement park at Lion Creek Crossings, and authorizing the
Executive Director to amend the Predevelopment Services Agreement to incorporate
this change, and to take all actions necessary to implement the resolution.
Attachment: Resolution

************
(7/24/06)

THE BOARD OF COMMISSIONERS OF THE
HOUSING AUTHORITY OF THE CITY OF OAKLAND, CALIFORNIA

http://www.oakha.org/public_announcement/072406VB2reso.pdf

On Motion of Commissioner
Seconded by Commissioner
and approved by the following vote:

AYES: Commissioners
NAYS:
ABSTAIN:
ABSENT:

THE FOLLOWING RESOLUTION WAS ADOPTED: NUMBER
RESOLUTION APPROVING A CONDITIONAL COMMITMENT FOR AN
INCREASE IN THE HOPE VI FUNDS CONSTRUCTION AND PERMANENT
LOAN FOR THE COLISEUM GARDENS HOPE VI DEVELOPMENT PROJECT
KNOWN AS LION CREEK CROSSINGS, PHASE III BETWEEN OAKLAND
HOUSING AUTHORITY AS LENDER AND CREEKSIDE HOUSING
PARTNERS, L.P. AS BORROWER

WHEREAS, the Oakland Housing Authority (Authority) previously executed a
grant agreement with the U.S. Department of Housing and Urban Development
(HUD) pursuant to its grant of HOPE VI funds for a revitalization plan that
proposed the demolition and redevelopment of Coliseum Gardens and nearby
properties, (collectively the ?rimary Site?; and

WHEREAS, the Board of Commissioners approved the selection of East Bay Asian
Local Development Corporation (EBALDC), The Related Companies of California
(Related), and Chambers General Construction (Chambers) as co-developers of
the Primary Site at its meeting on October 21, 2002; and

WHEREAS, the Authority owns the land on which the Coliseum Gardens
revitalization development known as Lion Creek Crossings will be constructed,
and the Authority leases the land to the partnership formed with EBALDC and
Related for each phase of the development, which is known as Lion Creek
Crossings;

WHEREAS, EBALDC and Related (the ?eveloper? have joint responsibility for
the development of the family rental housing at the Coliseum Gardens site and
formed a limited partnership known as Creekside Housing Partners, L.P. (CHP)
for the development of Lion Creek Crossings, Phase III, which consists of one
hundred six units of public and affordable family housing; and

Page 2)
WHEREAS, the Board of Commissioners passed Resolution 3685 authorizing the
execution of the Phase III Disposition and Development Agreement which
included a HOPE VI loan to CHP in the amount of $5,194,638; and

WHEREAS, the Board of Commission subsequently passed Resolution 3766
approving closing evidentiaries including HOPE VI loan documents with a lesser
loan to CHP in the amount of $3,350,000; and

WHEREAS; CHP? financing structure for Phase III included a loan from CalHFA
based on increased rental income from Project-Based Section 8 funds available
through the Authority; and

WHEREAS, the City of Oakland approved a loan amount of $4,600,000 for Phase
III of which $600,000 was intended to offset a HUD rule change decreasing the
value of rents available under the Project-Based Section 8 program; and

WHEREAS, as an MTW participant, the Authority has approved the use of market
rents in its Project-Based Section 8 program, which reduced CHP? documented
need for $600,000 in City funds; and

WHEREAS, the City may then reduce its loan commitment to CHP by $600,000 as
a result of the Authority? approval of market rents for Phase III; and

WHEREAS, bids for construction of Phase III are anticipated to be higher than
originally budgeted, creating a funding gap of $600,000.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
COMMISSIONERS OF THE HOUSING AUTHORITY OF THE CITY OF
OAKLAND, CALIFORNIA:

THAT, the Authority will provide an increased construction and permanent loan
of HOPE VI funds in the amount of up to $600,000 increasing its previous
commitment of $3,350,000 to $3,950,000 contingent on the City of Oakland
reducing its loan commitment for Phase III by $600,000, and if the construction
bids are such that the funds are needed by CHP as determined by the Authority;
and

THAT, the Executive Director is authorized to take all actions and execute such
other documents as may be necessary and appropriate to implement the
foregoing resolution.

Page 3)
I certify that the foregoing resolution is a full, true and
correct copy of a resolution passed by the
Commissioners of the Housing Authority
of the City of Oakland, California on July __, 2006.
_____________________________________
Secretary / Executive Director
ADOPTED: RESOLUTION NO.

************
09/13/06

THE BOARD OF COMMISSIONERS OF THE
HOUSING AUTHORITY OF THE CITY OF OAKLAND, CALIFORNIA

http://www.oakha.org/public_announcement/091306VCreso1.pdf

On Motion of Commissioner
Seconded by Commissioner
And approved by the following vote:
AYES:
NAYS
ABSTAIN:
EXCUSED:
ABSENT:

THE FOLLOWING RESOLUTION WAS ADOPTED: NUMBER:

AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A PERFORMANCE-BASED
SUB-GRANT AGREEMENT, NOT TO EXCEED $ 218,750 (TWO HUNDRED
EIGHTEEN THOUSAND, SEVEN HUNDRED FIFTY DOLLARS) FOR ONE YEAR,
WITH THE EAST BAY ASIAN LOCAL DEVELOPMENT CORPORATION (EBALDC) TO
PROVIDE HOPE VI COMMUNITY AND SUPPORTIVE SERVICES FOR FAMILIES
RESIDING AT LION CREEK CROSSINGS AND FOOTHILL PLAZA.

WHEREAS, the Authority received HOPE IV revitalization grants for Coliseum Gardens, now
renamed Lion Creek Crossings; and

WHEREAS, the Authority issued a Request for Proposals (RFP) which was mailed directly
to over 65 agencies and organizations and advertised in the Oakland Tribune; and

WHEREAS, EBALDC was selected as a program that best meets the needs of the residents
and the requirements of the Authority for the provision of personal budgeting, consumer
finance education, individual development accounts with matching, peer support groups
and seminars, home buyer training and small business/micro-enterprise development; and

WHEREAS, the original RFP and Board resolution authorized the Executive Director to alter
HOPE VI CSS sub-grant agreement scopes and selection of providers to address changes
in resident services needs; and,

(Page 2)
WHEREAS, EBALDC, as development partner for the Lion Creek Crossings HOPE VI
development, has a daily presence on-site at Lion Creek Crossings, has experience
providing comprehensive resident services at other EBALDC residential sites, and has the
capability of providing all the resident services needs identified during the 2006 Lion Creek
Crossing resident needs assessment.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE HOUSING AUTHORITY OF THE CITY OF OAKLAND, CALIFORNIA:

THAT, the Executive Director, on behalf of the Authority, is hereby authorized to execute
a one year performance-based sub-grant agreement not to exceed $218,750 with
EBALDC to provide on-site services for school age youth and workforce development/
self-sufficiency services; and

THAT, the Executive Director, on behalf of the Authority, is hereby authorized to take all
actions necessary to implement the foregoing resolution.

I hereby certify that the foregoing resolution is a full, true and correct
copy of a resolution passed by the Commissioners of the Housing Authority
of the City of Oakland, California on _________________.
________________________________
Secretary / Executive Director
ADOPTED: RESOLUTION NO.

************
08/09/06

Executive Office

Oakland Housing Authority MEMORANDUM

http://www.oakha.org/public_announcement/080906IVBmemo.pdf

To: Board of Commissioners
From: Jon Gresley, Executive Director

Subject: Lion Creek Crossings Security Contract
Date: August 3, 2006

As you are aware, the first phase of Lion Creek Crossings is now housing residents.
Related, the Authority partner and property manager, has contacted the Authority and
has requested increased patrol due to several incidents of criminal activity since the
property has opened. Related employs a private security firm at Lion Creek Crossings,
but many of the problems exceed their capacity for response. OHAPD has been
providing sporadic increased patrol; however, due to the fact that the Authority does
not own the buildings nor manage the property and the Authority passes operating
subsidies to the property for the purpose of subsidizing operating expenses, we have
indicated to Related that the policing of the property is the responsibility of the Oakland
Police Department.

After several meetings between Related and the Oakland Police Department (OPD), as
well as the continuance of increased criminal activity, Related contacted Phillip Neville,
Deputy Executive Director of Real Estate Development, and Carel Duplessis, Chief of
OHAPD, to explore the feasibility of Lion Creek Crossings contracting with the Authority
to supplement OPD? policing of Lion Creek Crossings with officers from OHAPD.
Through discussions, an agreement has been reached for Related to pay the cost of
two full-time Police Officers for a two year contract.

A written agreement between Related and the Authority is currently being drafted for
OHA? Board approval at the August 28 Commission meeting. Preparatory to that
meeting staff will brief the Commission at the workshop session of August 9.
Chief Carel Duplessis will provide the briefing and address any questions.

************
[Creekside Housing Partners, L.P. take control of the Coliseum Gardens/Lion Creek Crossings]

(Lion Creek Crossings used to be known as Coliseum Gardens public housing (178 units) of Oakland)

(EBALDC and Related Companies, LLC., created Creekside Housing Partners, L.P., to take control of Oakland's public housing property in Oakland. )

http://www.calhfa.ca.gov/about/publications/ press-releases/2006/pr2006-20.pdf

FOR IMMEDIATE RELEASE

Contact: Melissa Flores
Phone: 916.324.4647
Fax: 916.322.2345
mflores@calhfa.ca.gov
www.calhfa.ca.gov

Financing for Affordable Family Housing in Oakland

SACRAMENTO, June 6, 2006 ?A new affordable housing project will soon be built in the City
of Oakland? master planned community, Lion Creek Crossings (formerly known as Coliseum
Gardens), to create rental housing for an additional 106 families. The California Housing
Finance Agency (CalHFA) Board of Directors approved nearly $23 million in construction
financing and $4.8 million in permanent financing for Lion Creek Crossings, a family apartment
community, to be owned by Creekside Housing Partners, L.P., which is a joint venture between
East Bay Asian Local Development and the Related Companies, LLC. The property
management services will be provided by Related Management Company. Cahill Contractors
will begin construction in August 2006 with completion expected in February 2008.

The 106-unit complex is designed to provide affordable rental housing to those with household
incomes at or below 60 percent of the area median income. This project is the third phase in
the master planned community of Lion Creek Crossings. This unique urban infill project is
replacing public housing units developed in the 1940s. CalHFA has provided financing for all
three phases of the master development, creating 367 new affordable housing residences.

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The 2.49 acre project site will feature seven buildings with units ranging in size from one to four
bedrooms and styled as flats or town homes. The residents will also enjoy the use of the
master community? shared common recreational facilities and community rooms currently
available to Phase I residents.

CalHFA will provide nearly $23 million in construction financing with a variable interest rate for
22 months. Upon completion, a permanent loan of $3.815 million will be provided by CalHFA,
as well as, CalHFA subordinate financing for slightly more than $1 million. Other funding
sources include the California Department of Housing and Community Development?
Multifamily Housing Program, the Housing Authority of the City of Oakland (OHA), HOPE VI
loan from HUD to OHA, the City of Oakland, and the Federal Home Loan Bank? Affordable
Housing Program.

The California Housing Finance Agency was created in 1975 with the goal of helping more
Californian? live in a home they can afford. CalHFA? Multifamily Division has invested more
than $2 billion for the construction and preservation of 36,000 affordable rental housing units
assisting nearly 85,000 very low and low income Californians. More information on Multifamily
Loan Finance programs and the full complement of CalHFA programs, visit www.calhfa.ca.gov
or call toll free 877.9.CalHFA (877.922.5432).
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The Related Companies

http://www.related.com/index.asp?model=homeRelated&view=1&companyid=7

Related develops, manages and finances the world's finest real estate developments. Our skills and experience are enhanced by a passion for quality and a unique entrepreneurial spirit. Related properties are more than structures - they are a union of energy, creativity, forward thinking and collaboration. Founded in New York in 1972, we are proud to call this great city our home. For more information on Related, visit our About section.

"THE SWEET LIFE" IS RISING IN MANHATTAN AT THE VENETO, A NEW EAST SIDE LUXURY CONDOMINIUM RESIDENCE FROM RELATED

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Related of California

http://tinyurl.co.uk/ez7t

Related of California was formed in 1989 to focus on the development of multifamily housing in California. It is an affiliate of Related, L.P., a fully integrated real estate firm based in New York City with divisions specializing in development, property management, and financial services.

Since its inception, Related has developed over 6,000 units of housing in California, with properties in San Francisco, Oakland, San Jose, Los Angeles, Los Angeles County, Orange County, San Bernardino County, San Diego, and San Diego County.

Its projects run the gamut from award-winning apartments for low- and moderate-income seniors and families to a 487-unit high-rise apartment development in downtown San Francisco that is the tallest residential building in the city.

Related's team of professionals brings hands-on experience and expertise in project management, finance, construction, and property management, along with the financial backing of one of the country's premier real estate companies.

Contact Us -- Lion Creek Crossing -- Related Companies:

To forward your questions or comments, simply click below, fill out forms and we'll send your request to the appropriate person.

http://tinyurl.co.uk/5jao

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Related California Properties in California

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Lockwood Gardens, Coliseum Gardens and Lower Fruitvale
HOPE VI Site Profile

http://tinyurl.co.uk/43n2

City: Oakland
Official PHA Name: Oakland PHA
Name of Site: Lockwood Gardens, Coliseum Gardens and Lower Fruitvale
HOPE VI Coordinator: Philip J. Neville
Phone: 510-874-1520
Fax: 510-874-1674
E-mail: pneville@oakha.org
Address: 1619 Harrison St.
Oakland, CA 94612
Site Profile:

FY 1994 Implementation Grant: $25,510,020
FY 1996 Assistance Award/Amendment Funds: $1,000,000

OHA? HOPE VI program in East Oakland involves the extensive renovation of 372 out of 550 housing units in two complexes and four scattered sites (consisting of 60 units) located in Lower Fruitvale. Fourteen scattered-site units are scheduled to be demolished and rebuilt. A site-based management strategy is currently being tested at Lockwood Gardens, which has 372 housing units.

The HOPE VI program enabled OHA to expand its collaboration with the Mayor? office, which began with the City? 1991 campaign to reduce violence and drug trafficking within and around the Coliseum and Lockwood communities. The Mayor? Office was very supportive in preparing the original HOPE VI application and has been heavily involved in the effort ever since.

The joint successes from both the Mayor? program and OHA? HOPE VI development process have positively impacted the Coliseum and Lockwood sites. There is marked improvement in the environments at both sites. Resident-planted gardens are not vandalized and children and adults can remain outside after dark, which was considered unsafe just a few months earlier. Policing services are provided by the Oakland Police Department to all authority sites. Officers from the Oakland Housing Authority? Security Services Department supplement the City? services. To supplement security at Coliseum and Lockwood, iron fences are used to surround the complexes.

OHA was the recipient of several HUD grants in 1995, including a HOPE VI planning grant for the West Oakland area. Additionally, there are two major modernization programs currently in progress in West Oakland.

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Coliseum Gardens
HOPE VI Site Profile

http://tinyurl.co.uk/hc04

City: Oakland
Official PHA Name: Oakland PHA
Name of Site: Coliseum Gardens
HOPE VI Coordinator: Philip J. Neville
Phone: 510-874-1510
Fax: 510-874-1674
E-mail: pneville@oakha.org
Address: 1619 Harrison St.
Oakland, CA 94612
Site Profile:

FY 2000 grantee in the amount of $34,486,116.

The Housing Authority of the City of Oakland will receive a HOPE VI Revitalization Grant in the amount of $34,486,116 that will enable the Housing Authority to revitalize the Coliseum Gardens public housing development. A total of 178 severely distressed units will be replaced on-site with 30 public housing units, 20 tax credit rental units, and 85 affordable homeownership units. In addition, 148 public housing units and 46 tax credit rental units will be developed on underutilized land and scattered sites nearby. A significant number of the off-site public housing units will be within new housing developments in non-impacted areas. A new park and community center will be the focus of the new, on-site community. The revitalization of Coliseum Gardens, located in the Central East Oakland Target Area within the Coliseum Redevelopment Area, will benefit from a $134 million investment in the Coliseum BART Station and the new rail connection between the Station and the Oakland Internati