Housing

MTC, ABAG regional housing efforts highlighted by Bay Area Council

Housing construction in Milpitas.

The Bay Area Council has long advocated for a strong regional approach to addressing our housing crisis, including supporting legislation that created the Bay Area Housing Finance Authority (BAHFA). In this guest item highlighted in the council's Weekly Flash newsletter, Metropolitan Transportation Commission Chair Alfredo Pedroza and Association of Bay Area Governments Chair Jesse Arreguin outline the purpose and objectives for BAHFA. Read More

Housing

MTC's affordable housing loan program expands funding options

San Francisco housing is among the most expensive in the nation.

The Metropolitan Transportation Commission (MTC) announced Tuesday new underwriting guidelines for its four-year-old Bay Area Preservation Pilot loan fund, which is designed to help nonprofit housing developers and community land trusts finance the acquisition and preservation of existing multifamily properties that are affordable for lower- and moderate-income renters and located in areas with high-frequency transit service. Read More