Support the affordable housing bond measure

The affordable housing crisis impacts all of us.

Schools, hospitals, and local businesses are challenged to recruit employees. Families and retirees struggle to remain in the community they’ve long known as home. Cities and towns are grappling to address homelessness. It’s a problem decades in the making, with an increasing need for local solutions.

Producing housing is a complex and expensive endeavor. Increasing our supply of general obligation bonds at the local level is one of the most powerful affordable housing financing sources available. Through the Bay Area Housing Finance Authority (BAHFA), we have an opportunity to pass a nine-county general obligation bond measure on the November 2024 ballot and unlock $10-$20 Billion for affordable housing and homelessness solutions. 

If successful, the regional bond will produce funds for up to 45,000 affordable homes serving over 500,000 Bay Area residents over the coming decades. This measure will also raise billions for preservation of existing affordable housing and ensure protection for at-risk tenants. Funding will be allocated across the nine Bay Area counties.

Marin stands to receive $350 to $700 million dollars to address the need for affordable housing in our community.