Making It in the Bay

MTC votes to place $20B affordable housing bond measure on November ballot

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The Metropolitan Transportation Commission on Wednesday voted unanimously to place a $20 billion affordable housing bond measure on the November ballot.

The proposed bond would distribute the funds among the Bay Area’s nine counties and create 90,000 affordable units across the region.

Bay Area mayors have advocated for the bond measure, which will ask voters for a new tax on businesses and homes.

Kris Sanchez has the full report in the video above.

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