RECOMMENDATION(S):
PRESENTATION by the Bay Area Housing Finance Authority on systemic challenges in housing and regional housing measure.
FISCAL IMPACT:
No fiscal impact.
BACKGROUND:
The Bay Area Housing Finance Authority (BAHFA) is a first-of-its-kind regional authority created to address the Bay Area’s chronic housing challenges. Established by the state Legislature in 2019, the Bay Area Housing Finance Authority's mandate is to create regional solutions that meet the Bay Area's affordable housing needs. BAHFA is the first regional housing finance authority in California, and works together with MTC and the Association of Bay Area Governments (ABAG).
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