August 28, 2023 Update
Learn about the Bay Area’s proposed regional bond measure to invest in the production and preservation of affordable housing.
The Bay Area needs to create more affordable housing – a lot of it. The region must plan for more than 180,000 new affordable homes by 2031. Tackling this problem in the coming years is key to making the region more affordable for the 7.7 million people who call the Bay Area home. Building at this scale and meeting the affordable housing demand is a tall order – one that will require robust, regionally coordinated public investment.
The Bay Area Housing Finance Authority (BAHFA) was created to help solve the affordable housing shortage, and is considering a bond measure for the November 2024 ballot to invest in building and preserving affordable homes.