Update

Bay Area Affordable Housing Bond

A Bay Area affordable housing bond had been proposed for the November 2024 ballot. Leaders of the Bay Area Housing Finance Authority and the Association of Bay Area Governments issued a joint statement on the decision to remove it. This difficult decision will not deter BAHFA from continuing its work to produce and preserve affordable housing and protect vulnerable residents across the Bay Area.   

Credit
Non-Profit Housing (NPH)
Bay Area Affordable Housing Bond – Regional Funding for Local Solutions

A $20 billion dollar bond was estimated to have the potential create 72,000 new affordable homes — more than double what would be possible without a bond.

Read more in the Bond Report.
Ballot Measure Text

The language that was originally proposed for the November 2024 ballot.

Read the ballot measure text.
Polling Update from June 26, 2024 Meeting

BAHFA conducted polling between December 2023 and June 2024. The polls yielded similar results; here is the latest information.

See the polling presentation.
Tax Rate Statement

The Tax Rate Statement for this measure reflects BAHFA’s best estimates, based upon currently available data and projections, of the property tax rates required to service the bonds. 

Read the tax rate statement.

Virtual Workshops

Two virtual workshops were held in August 2023 for all members of the public to learn about the proposed housing measure, ask questions and provide feedback to BAHFA.

Public Meetings & Engagement

BAHFA’s governing boards held a series of public meetings on the proposed housing bond throughout spring 2024. These meetings included discussions on BAHFA’s spending plan for its share of proposed bond funding and whether to place the housing measure on the November 2024 ballot. Public participation was encouraged and helped inform all key decision points. On June 26, 2024, at a publicly noticed meeting, the BAHFA Board voted to place the measure on the ballot. On August 14, 2024, the BAHFA Board voted to remove the bond from the ballot

View past BAHFA public meetings related to the 2024 Bay Area housing bond.