BAHFA closes first housing deal, grant secures permanent affordability

De Anza Terrace in Alameda County

MTC's newly launched Bay Area Housing Finance Authority (BAHFA) affiliate closed its first-ever transaction, funding a $5,000 grant through its Welfare Tax Exemption Preservation Program to enable nonprofit Eden Housing to convert its recently acquired 24-unit De Anza Terrace apartment complex in Alameda County's unincorporated Ashland community to permanently affordable housing. Read More