Historic Investments in Oakland’s Future

$334 Million Bond Issuance

Over the past year, Mayor Lee's Administration has worked to make Oakland safer, cleaner, and more prosperous — while making City government more efficient and responsive to residents. Her first year in office has brought stability and leadership to the City, generating major investment in Oakland from the state government, private sector, and philanthropy, stabilizing the real estate market, and restoring confidence in City Hall.

In December, the Lee Administration accomplished a $334 million bond issuance to fund street paving, affordable housing, and capital improvements across Oakland — putting voter-approved dollars to work faster, a turning point that signals stability and building momentum for the City of Oakland.