A proposed multibillion-dollar regional bond signals a shift in how Bay Area affordable housing is funded

A proposed multibillion-dollar regional bond signals a shift in how Bay Area affordable housing is funded

a year ago
Anonymous $5YzO3NGzaX

https://www.mercurynews.com/2023/03/28/a-proposed-multi-billion-regional-bond-signals-a-shift-in-how-bay-area-affordable-housing-is-funded/

A renewed push to tackle the Bay Area’s housing crisis at a regional level is underway, and it could be the solution for cities and counties tapped out of local funds for affordable housing.

The Bay Area Housing Finance Authority, or BAHFA, was created in 2019 to address the area’s housing shortage. It’s a first-of-its-kind financing authority in California that has coalesced as advocates and state leaders move to take a more regional approach to combat the state’s housing-affordability problems.

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