San Francisco Business Times: “Regional ballot measure next year could raise up to $1 billion for affordable housing”

San Francisco Business Times: “Regional ballot measure next year could raise up to $1 billion for affordable housing”

“Bay Area housing advocates want to take advantage of a new state law to generate up to $1 billion per year in fresh funds for affordable housing. Their recently formed campaign, Bay Area Housing for All, is aiming to get a measure on the November 2020 ballot in all nine Bay Area counties…

“’It cannot be understated how transformative’ AB 1487 will be, said Amie Fishman, executive director of the Non-Profit Housing Association of Northern California… ‘For the first time ever, the Bay Area is empowered to take a comprehensive, regional approach to our regional housing woes,” she said. “A regional ballot measure will scale our solutions and meet the housing needs of all our neighbors.’”

Read more via the SFBT

Alina Harway