Please join District 1 Supervisor David Haubert on November 9 at 6:00 p.m. to discuss and share your thoughts about a possible $10 to $20 billion Bay Area-wide affordable housing bond that is being proposed for the November 2024 ballot.
If approved by the voters, the regional bond will provide billions of dollars for the construction of an estimated 45,000 affordable homes, serving over 500,000 residents over the coming decades. This measure will also raise billions for preservation of existing affordable housing and ensure protection for at-risk tenants.
General obligation bonds are funded through property taxes, so a $10 billion bond would place a tax of $10.26 on $100,000 in assessed value?or about $100 per year for a million-dollar home.
The Alameda County Board of Supervisors has partnered with the County Community Development Agency on public information and input sessions. The District 1 community meeting is on November 9 at 6:00 PM in the Community Meeting Room of the Pleasanton Public Library at 400 Old Bernal Avenue in Pleasanton and will also be available to be viewed online.