June 25, 2024
City Council
DATE: June 25, 2024
TO: Mayor Martinez and Members of the City Council
FROM:
Council Members Bana and McLaughlin
Subject:
Presentation on p roposed November 2024 $20B
Affordable Housing Bond
FINANCIAL IMPACT: N/A
PREVIOUS COUNCIL
ACTION:
None
STATEMENT OF THE
ISSUE:
The Bay Area Housing Finance Authority will provide a
presentation on the proposed November 2024 $20 billion
Affordable Housing Bond.
RECOMMENDED ACTION: RECEIVE a presentation from the Bay Area Housing Finance Authority and the Contra Costa County
Department of Conservation and Development on the
proposed November 2024 $20 billion Affordable Housing
Bond - Councilmembers Soheila Bana (510-620-6743)
and Gayle McLaughlin (510-620-6636).
DISCUSSION:
AGENDA
REPORT
June 25, 2024
The Bay Area Housing Finance Authority will provide a presentation on the proposed November 2024 $20 billion Affordable Housing Bond. The presentation will include background information about the Bay Area Housing Finance Authority (BAHFA), the agency that would be administering the Bond, and the anticipated local impacts of the funds, and Contra Costa County’s planning process for these funds.
Presenters:
Irene Farnsworth, Anti-Displacement Program Manager, Bay Area Housing Finance Authority
Gabriel Lemus, Assistant Deputy Director, Housing and Community Improvement, Contra Costa County Department of Conservation and Development
DOCUMENTS ATTACHED:
Attachment 1 – PowerPoint
Attachment 2 – Bay Area Housing Bond: Regional Funding for Local Solutions