Policy: Funding Affordable Housing
Affordable housing is woefully underfunded and needlessly complicated. For more information, see our primer on affordable housing. MEHC is part of the Housing For All Marin coalition working to educate the public on the need for funding affordable housing. This November, Proposition 5 will be on the ballot. Proposition 5 will set the threshold for affordable housing bonds at 55%. This is an important step forward to providing funding for afforable housing.
The Bay Area Housing Finance Authority (BAHFA) is a new regional authority created to address the Bay Area’s chronic housing challenges. BAHFA has been given the authority to issue bonds to raise funds to be used for the production, protection and preservation of affordable housing. BAHFA is currently planning on placing an affordable housing bond on the ballot in 2026. In the interim, it is working on programs to address the three P’s of affordable housing: production, preservation and tenant protections
Funding News
- Marin IJ: Affordable housing bond measure no longer on ballot
August 14, 2024Marin County Unincorporated, BAHFA, Housing News, Media, Policy - Marin IJ: $20 billion Bay Area housing bond pulled from the November ballot
August 15, 2024BAHFA, Policy - Marin IJ: Marin Voice: Hurdles to helping homeless begin with limited affordable housing
July 28, 2024BAHFA, homelessness, Policy - The Mercury News: Could a $20 billion bond measure help solve the Bay Area’s affordable housing crisis?
June 21, 2024BAHFA, Policy - Marin IJ: County’s historic push against housing inadvertently fuels climate change
July 25, 2024BAHFA, Housing News, Media, Policy, Traffic, Written by MEHC - Marin IJ: Fund affordable housing now to keep families close
July 14, 2024"MEHC says...", BAHFA, Housing News, Media, Policy, Written by MEHC
More about BAHFA
What the BAHFA?
A short primer on affordable housing, BAHFA and BAHA, and potentially game-changing funding! Marinites overwhelmingly want more affordable housing.According to the Marin County 2023 Community Survey, it is the #1 issue that Marinites would like our local governments to address. But how can we build more affordable housing? And what does this have to do with the…
A Primer on Affordable Housing
There have always been portions of the population unable to afford market rate housing. At one time, the government directly financed, owned and managed housing projects for these populations, commonly referred to as public housing. While the government still manages some housing projects it often doesn’t do a good job at this – just look…
California legislative wins: a review
Happy New Year, fellow housing nerds and policy wonks!There is a lot to catch up on! The 2023 California legislative season ended in October with record-setting housing activity, November was for equal parts pats-on-the-back and wound-licking, and December was the time to rest and get ready to start the maddening but addictingly fun process all over…
