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BAHFA Can Provide New Housing Solutions <br />5 <br />Our Mandate: Created by state legislation in 2019, BAHFA plans to raise $10- <br />$20 billion through a 2024 ballot measure to meet the region’s housing needs. <br />•80%of funds raised return to county of origin <br />•The ABAG Executive Board and BAHFA Board (comprised of MTC <br />Commissioners) work together as BAHFA’s governance entities <br />•BAHFA’s 20% regional funding will help advance better systems: <br />•Streamlined, innovative financing <br />•Opportunities for regional coordination <br />•Technical assistance