Dellums will also detail Oakland's federal stimulus efforts, according to his office.
The speech is open to the public and will be given in the Council Chambers at City Hall, located at 14th and Broadway streets.
The event begins at 6 p.m., and doors open at 5:30.
Free parking will be available at the Clay Street garage at 14th Street.
Additional information is available at www.oaklandnet.com.