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Berkeley Voters To Decide On $135M Affordable Housing Bond

Berkeleyside-


Berkeley voters are set to have a chance in November to consider a $135 million bond measure officials hope will create more affordable housing in Berkeley to fight displacement and help working families and individuals.

Mayor Jesse Arreguín said the affordable housing bond will help the city begin to create housing to address displacement and protect the city’s diversity.

It could fund “a variety of projects,” such as those from non-profits that want to buy land, as well as housing for teachers, should the Berkeley Unified School District pursue it. It would fund housing at different affordability levels, and include annual independent audits, the mayor said.

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