3.7 22-0090 Subject: State Rental Assistance Round Two Fund Award From: Housing And Community Development Department Recommendation: Adopt A Resolution: 1) Amending Oakland City Council Resolution No. 88800 C.M.S., First Adopted by Oakland City Council In September 2021 To Accept And Appropriate Round Two State Rental Assistance (SRA2) Program Funds In An Amount Not To Exceed Twelve Million Seventy-Seven Thousand Seven Hundred Thirteen Dollars And Fifty-Two Cents ($12,077,713.52) Awarded By the California Department Of Housing And Community Development To The City Of Oakland To Provide Financial Assistance For The Payment Of Rent And Other Housing Expenses To Eligible Households Experiencing Financial Hardship Due To The COVID-19 Pandemic; And 2) Adding Language Required by State Of California Housing And Community Development Department Acknowledging The City Of Oakland's Responsibility And Intent To Be Held Bound By The Terms Of The SRA2 Grant Agreement Executed Between The City Of Oakland And The California Housing And Community Development Department; On The March 1, 2022 City Council Agenda