MTC – California Globe

SF Housing Finance Authority Drops $20 Billion Bond Effort

August 14, 2024 4:52 pmAugust 14, 2024 4:52 pm

The Bay Area Housing Finance Authority (BAHFA) today dropped its campaign to pass a $20 billion so-called affordable housing bond. Facing the almost certain loss at the polls, the BAHFA board met in closed session and unanimously decided that – on...

SF Housing Finance Authority Bungles Boondoggle Bond: $12 Billion Dollar ‘Mathematical Error’

August 12, 2024 2:30 amAugust 12, 2024 2:31 am

Sometimes, government agencies and the concept of math are not the best of friends. The state’s high speed rail program budget to complete the entire project has ballooned to upwards of $180 billion dollars. It was supposed to cost $33...