A regional bond to build housing will no longer appear on ballots in November after the Bay Area Housing Finance Authority unanimously voted to pull the measure Wednesday.
The $20 billion bond promised to provide funding for up to 90,000 units throughout nine Bay Area counties if voters approved it in the November election. The measure would have been funded by additional annual property taxes, amounting to an average of just less than $19 per $100,000 in appraised value.
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