A building permit stands posted at the affordable housing site construction site at 825 Drake Ave. in Marin City, Calif., on Wednesday, Sept. 20, 2023. (Sherry LaVars/Marin Independent Journal)
By RICHARD HALSTEAD | rhalstead@marinij.com | Marin Independent Journal
PUBLISHED: September 22, 2023 at 5:31 p.m. | UPDATED: September 22, 2023 at 5:41 p.m.
https://www.marinij.com/2023/09/22/marin-housing-forum-previews-massive-bond-measure/
An affordable housing forum in San Rafael outlined a prospective statewide bond measure that could raise $10 billion to $20 billion to create more homes in the Bay Area.
“This could provide between 35,000 to 80,000 new homes across the nine-county region,” Somaya Abdelgany, an official at the Bay Area Housing Finance Authority, told nearly 200 people at Dominican University of California.
Abdelgany estimated that the measure would provide $352 million to $704 million for projects in Marin County alone.