Politics & Government
Bay Area Mayors, Advocates Tout $20 Billion Bond To Build Housing
The mayors are trying to find ways to fund regional housing goals that call for hundreds of thousands of new affordable homes.
June 21, 2024
The mayors of San Francisco, San Jose and Berkeley joined housing advocates at a press conference in San Francisco's Mission District on Thursday to announce support for a proposed $20 billion housing bond that would fund regional housing goals.
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Oakland Mayor Sheng Thao was also scheduled to appear at the press conference to express support for the regional measure but was not in attendance. A home connected to her was raided by the FBI earlier in the day.
Thao released a statement endorsing the bond plan, which would fund 90,000 affordable housing units in the Bay Area. Her office did not respond to an inquiry about whether the absence was related to the raid.
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