New Report Charts Course for Tackling Bay Area s Chronic Housing Affordability Problems
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SAN FRANCISCO, Feb. 25, 2021 /PRNewswire/ The Association of Bay Area Governments (ABAG) and the Metropolitan Transportation Commission (MTC) today issued a detailed new report, entitled
Momentum for Lasting Solutions, to serve as a roadmap for private investors as well as federal, state and local governments to combine forces in a comprehensive regional effort to deliver housing affordability throughout the nine-county Bay Area.
Specific strategies identified in the report include securing billions of dollars in dedicated funding; fortifying cities and counties capacity to produce and preserve housing while also protecting residents from displacement; and launching new pilot programs to prevent homelessness, spur the preservation of existing housing, bolster rental and mortgage assistance, create a single regional platf
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