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State finance officials are questioning nearly $370 million in payments city officials say they owe on their former redevelopment projects, more than a third of the amount they say their remaining redevelopment obligations will cost.
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The city’s commitment to proceed with a less-intensive development plan than the one proposed by former Alameda Point developer SunCal could face a major hurdle: The amount of development now being contemplated for the former Naval Air Station may not pencil out financially.
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City leaders eager to move forward with plans to revitalize Alameda Point are pinning their hopes on new legislation that could allow them to use future property tax dollars to pay for roads, schools and other new public facilities at the Point and other defunct military bases.
Alameda Point Rezoning Public Workshop The Planning Board will hold a public workshop to consider a initial proposals for zoning amendments at Alameda Point to conform the zoning regulations for the property to the policies, objectives, and standards for the property included in the City of Alameda General Plan and the City of Alameda Community Reuse Plan. The purpose of the meeting is to solicit public comments on the proposals. No final actions will be taken by the Planning Board on the proposals at this meeting.
[Includes audio report]
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Driving to Alameda Point in the East Bay may leave a first timer a little lost. It’s out towards the waterfront, past the Victorian neighborhoods of downtown Alameda. Close to the point, the land becomes vast, open, and quiet. There are WWII-era ships across the Bay, which let visitors know that this place was once something different. It used to be the Alameda Air Station until it was closed down in the mid 90s. That was when the government re-purposed the housing and designated Alameda Point for the displaced and homeless.
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Adopt a City Council Resolution Appropriating $379,000 in Federal
HOME Funds and Authorizing the City Manager to Negotiate and
Execute the Necessary Documents to Complete the Loan to the
Alameda Point Collaborative for Acquisition and Rehabilitation of 240
Corpus Christi , 230 Corpus Christi , 2471 Orion , 2451 Orion , 201
Stardust, 251 Stardust , and 271 Stardust (Property)
Approve ARRAAlameda Reuse and Redevelopment Authority. The City Council acts in this capacity. Financing on the Property in the Amount of $2,279,000
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Welcome to Alameda Point Going Forward, the community's source of information about the City's process for redevelopment of Alameda Point.
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A report from the nonprofit think tank Brookings Institution has labeled the Alameda Point neighborhood as one of the five poorest in the Bay Area. The report studied centralized income levels in places around the United States.
"The research study was started to track the concentration of poverty levels in the country over the last decade," said Elizabeth Kneebone, a senior research associate at Brookings.
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OAKLAND -- The Bay Area has fewer concentrations of extreme poverty than a decade ago, according to a report released Thursday.
That may not console the people living in the Bay Area's five poorest neighborhoods. In five census tracts, four of them in the East Bay, more than 40 percent of residents live below the poverty line, according to the Brookings Institution report.
The neighborhoods are in downtown Berkeley, uptown Oakland, Alameda Point and parts of West Oakland, and San Francisco's Hunters Point.