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Posted inLocal News

Voters to decide $20B regional bond measure to provide more Bay Area affordable housing

by Riley Cooke, Bay City News July 1, 2024June 28, 2024

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Houses line the hills of San Francisco in an undated image. Voters in nine Bay Area counties will decide this November whether to support a $20 billion bond measure that aims to provide more affordable housing to help solve the region's housing shortage. (Mike McBey/Flickr CC BY)

Voters in the nine Bay Area counties will see a $20 billion affordable housing bond from the Bay Area Housing Finance Authority on the ballot in November.

If passed, each county would receive anywhere from $118 million, like Napa County, to $2.4 billion, like San Francisco and Santa Clara counties. Four cities — San Jose, Oakland, Santa Rosa and Napa — would also receive additional funds for having more than 30 percent of their county’s low-income housing needs.

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Tagged: affordable housing, Association of Bay Area Governments, ballot measures, Bay Area, Bay Area Housing Finance Authority, bond measures, Election 2024, equity, housing, low-income housing, Mayor London Breed, Napa, Non-Profit Housing Association of Northern California, Oakland, property taxes, San Jose, Santa Rosa, Stephanie Moulton-Peters

Riley Cooke, Bay City News

Riley is an intern at Bay City News through the Dow Jones News Fund. She is a rising senior at the UC Berkeley, where she studies political science and journalism. Previously, she was the university news editor at her student newspaper The Daily Californian, overseeing coverage of student government elections, a new chancellor and the Gaza solidarity encampment. She enjoys reporting on politics, housing and homelessness — and using as many em dashes as her editors will allow.

More by Riley Cooke, Bay City News

Local News Matters brings community coverage to the SF Bay Area so that the people, places and topics that deserve more attention get it. Our nonprofit newsroom is supported by the generosity of readers like you via tax-deductible donations to Bay City News Foundation.

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