FAQ

If successful, the regional bond will unlock billions of dollars for the construction of 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 afforable housing and ensure protection for at-risk tenants. 

Bay Area Housing for All (BAHA) is a fast-growing, large coalition in support of this measure. With over 40 members, the BAHA coalition includes non-profit, philanthropic, business, and public sector partners working at the intersection of housing, racial equity, climate, transportation, and quality of life.

Through the Bay Area Housing Finance Authority (BAHFA), we can pass a nine-county general obligation bond measure on the November 2024 ballot and unlock $10-$20 Billion for affordable housing and homelessness solutions.

Under state law, 80% of the funds raised through the bond will return to their county of origin (based on the jurisdiction’s share of assessed property value), and in some cases specific cities, and 20% will be administered by the Bay Area Housing Finance Authority (BAHFA) to fund critical affordable housing and services across all nine Bay Area counties.

General obligation bonds are funded through ad valorem property taxes and vary depending on the size of the bond. A $10 billion bond would require a tax of $10.26 per $100,000 in assessed value—or about $100 per year for a million dollar home.