Ballot measure aims to build more affordable housing in Santa Cruz

This proposed ballot measure would raise $5 million annually over the next 20 years for the City of Santa Cruz’s affordable housing trust fund, and would be vital to affordable housing production and homelessness prevention.
November 2024 Election: MidPen’s Ballot Endorsements
For the November 5 election, MidPen is supporting statewide Prop 5 that will give local voters more power to address affordable housing and public infrastructure needs in their communities. MidPen is supporting Measure T in San Mateo and Measure JJ in East Palo Alto, and is opposing statewide Prop 36. Learn more at https://www.midpen-housing.org/what-we-do/electoral/
Bay Area will decide California’s biggest housing bond ever

“There’s a pipeline here. It’s ready to go,” said Nevada Merriman, VP of Policy and Advocacy for MidPen Housing. The Bay Area authority says the funds could be used to build and acquire up to 72,000 units. That housing would range from the most deeply affordable — homes reserved for people on the brink of homelessness — to “moderate” income households.
First-Of-Its-Kind Bay Area Affordable Housing Bond Set For November Ballot

If approved, BAHFA would issue $20B in general obligation bonds to finance the development and preservation of between 70,000 and 90,000 affordable units in Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Solano, Sonoma and San Francisco counties.