“The Bay Area has long been known for its housing crisis. San Francisco, San Mateo, and Alameda Counties are three of the top five most expensive rental markets – not just in our state, but our country. Rising rental rates are forcing people to leave the neighborhoods they’ve long called home, disproportionately displacing people of color.
“The housing crisis faced by Bay Area residents is one of the leading contributors to poverty and gaps in health and educational outcomes. And it’s hurting our economy, as employers struggle to recruit and retain employees.
But in recent years, a new movement with bold solutions has emerged, bringing the Bay Area into the spotlight for new, exciting strategies to address our region’s housing needs.
We started with an affordable housing revenue ballot measure in San Francisco that secured $310 million for affordable housing in 2015 after 74% of voters said “Yes….”
Read more via the San Francisco Business Times