Housing

Housing

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

Housing

Report: Inexpensive homes hard to find in Bay Area and California

Growing housing prices continues to be a concern, especially for those living in the most populous and desirable U.S. cities. And for good reason as, with the constant rise in million-dollar and luxury homes for sale, the threshold for what is considered affordable homes is getting higher as well, according to a new report from Point2Homes.com. Read More

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