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.
Supervisors Allocate $40 Million to Spur New Affordable Housing
Warren Slocum, President of the San Mateo County Board of Supervisors: “The solution to the housing crisis is simple: build more housing. And that’s exactly what we are contributing to with this investment of Measure K funds.”
After 20 years of stops and starts, teacher housing breaks ground in San Francisco
San Francisco’s first affordable housing project for teachers recently broke ground in the Outer Sunset — after more than 20 years of stops and starts.