Why were the Bay Area’s biggest cities denied key housing funds?
https://www.siliconvalley.com/2021/04/28/why-were-the-bay-areas-biggest-cities-denied-key-housing-funds/
The mayors of the Bay Area’s three largest cities are pushing back after they were denied key affordable housing funds — a shutout they say could cost the region 3,000 desperately needed homes this year and jeopardize future efforts to fight the housing crisis.
For the first time in recent memory, no projects in San Jose, Oakland or San Francisco made the list when a little-known state committee that plays a crucial role in affordable housing financing revealed this year’s first round of funding allocations. As a result, four projects in San Jose, five in San Francisco and five in Oakland now are on hold — and possibly won’t get built at all.