Policy: Affordable Housing Bonds (BAHFA)
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.
Bay Area Housing for All (BAHA) is a Bay Area wide coalition working to support the campaign for a nine-county general obligation bond through BAHFA to raise $10- $20 Billion for affordable housing. This funding is badly needed. Affordable housing is woefully underfunded and needlessly complicated. For more information, see our primer on affordable housing.
MEHC is part of this coalition working to educate the public on these general obligation bonds on the November 2024 ballot. Along with the bond measure, we are also working towards an amendment to the state constitution to allow bonds for affordable housing to pass with less than a 2/3 vote, which is currently required. You can learn more about the bonds with this one pager.
We encourage all MEHC supporters to endorse the Affordable Housing Bonds now. You can endorse at Bay Area Housing for All (BAHA).
BAHFA News
- Marin IJ: Marin is preparing for an affordable housing bond measure
April 8, 2024Marin County Unincorporated, BAHFA, Housing News, Policy - Marin IJ : BAHFA Bond Is What Marin Needs
March 8, 2024Marin County Unincorporated, BAHFA, Housing News, Policy, Written by MEHC - Marin IJ : BAHFA Bond Is An Efficient Way to Achieve More Housing
September 30, 2023BAHFA, Housing News, Policy - Marin IJ: BAHFA Bond Measure Is A Tool Marin Needs For More Affordable Housing
September 22, 2023Marin County Unincorporated, BAHFA, Housing News, Policy - CalMattars: BAHFA Measure Will Be Among Many Other Bond Proposals on California 2024 Ballot
August 3, 2023BAHFA, front page, Media, Policy - SF Chronicle: SF Chronicle - BAHFA Bond Could Create Thousands of Affordable Housing Units, If Passed
July 12, 2023BAHFA, Policy
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…