The postponement of the proposed BAHFA bond marks a disappointing setback in our collective efforts to bring more affordable housing to our communities. Research consistently shows that creating affordable homes is the most effective way to prevent homelessness. Despite this unfortunate delay, we are hopeful that the Bay Area will embrace the next version of this measure, acting on our shared commitment of compassion and care for those who need it most. Many thanks to the Bay Area Housing Finance Authority coalition and partners in this space for their tireless efforts on this measure.
Recent developments have led the BAHFA Board to conclude that the wise choice is to look ahead to another election season for a regional housing measure when there is more certainty and the voters have weighed in on Proposition 5.
It's a setback, but not the end. What strategies can help advance future affordable housing initiatives?
True, affordable housing is key. How can we rally support for the next iteration of this measure?