To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: Proposed Options for Bay Area Housing Finance Authority (BAHFA) 2024 Regional Affordable Housing Bond Outreach
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
Consider the following actions recommended by the Department of Conservation and Development (DCD):
1. ACCEPT a report from DCD staff on the proposed approach for engagement and outreach on the Bay Area Housing Finance Authority (BAHFA) 2024 Regional Affordable Housing Bond.
2. PROVIDE staff direction on the proposed engagement and outreach approach to DCD staff.
3. AUTHORIZE staff to initiate the engagement and outreach process for the BAHFA 2024 Regional Affordable Housing Bond with the approach outlined in the report/presentation and reflecting any further direction provided by the Board.
FISCAL IMPACT:
No General Fund Impact. Staff outreach costs would be covered by existing departmental funds dedicated to housing.
BACKGROUND:
Input Requested from Board of Supervisors
The following report provides the Board of Supervisors with information on the proposed engagement and outreach process to solicit input for the BAHFA bond measure scheduled for November 2024 general election ballot. As part of this report, staff anticipates receiving the following from the Board of Supervisors:
? Direction on consulting with cities/towns, stakeholders, and public agencies on the required BAHFA Expenditure Plan.
? Direction to align BAHFA outreach and engagement with the Consolidated Plan schedule for housing and community development federal funds (Community Development Block Grant and HOME Investment Partnerships Act programs ("CDBG/HOME")).
Brief History of BAHFA Governance
The San Francisco Bay Area Regional Housing Finance Act (California Government Code ? 64500, et seq.) (the "Act") created the Bay Area Housing Finance Authority (BAHFA) in 2019. BAHFA's purpo...
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