Bay Area counties ask taxpayers for $20B for affordable housing – The San Francisco Standard

0 minutes, 32 seconds Read

Convincing voters that a tax hike is the solution is no easy task. For example, Proposition 1, a statewide $6.4 billion mental health initiative championed by Gov. Gavin Newsom earlier this year, passed by a slim margin of only 25,000 votes. 

The San Francisco Association of Realtors, which typically opposes property tax hikes, did not respond to a request for comment. Of note, in its March voter guide, the body wrote “no endorsement” next to Proposition A, a local affordable housing bond, which passed with a 70% vote. 

Between now and November, the coalition that shaped the BAHFA bond will now have to go about the work of selling it to voters. 

This post was originally published on 3rd party site mentioned in the title of this site

Similar Posts

Compare Listings