atempler

BAHFA’s own calculations show: TOTAL DEBT SERVICE : $48,281,750,400 (includes interest payments) BONDS ISSUANCE AMOUNT:  $20,000,000,000 RESPONSIBLE COUNTIES: 9 BOND DURATION: 53 YEARS INITIAL FISCAL YEAR OF COLLECTION: 2024-2025 FINAL FISCAL YEAR OF COLLECTION: 2077-2078 HIGHEST RATE: $34.20 per $100,000 of assessed valuation AVG RATE:  $18.98 per $100,000 of assessed valuation This could cost you more than $40,000!

In November, Vote NO on the largest, most expensive regional housing bond in U.S. history – Vote NO on Regional Measure 4.  The $20 BILLION of BONDS that will cost over $48 BILLION, including interest, is being requested by the BAY AREA HOUSING FINANCE AUTHORITY (“BAHFA”). This bloated bureaucracy was created in 2019, with no history of expertise in housing,…

County governments in the nine Bay Area counties want to INCREASE the cost of your housing by raising property taxes – taxes that will last up to 53 years and may cost you $40,000 or more.  In November, they will ask you to vote for $20,000,000,000 of new bonds with new, additional property taxes. The real cost is estimated to be $48,281,750,400…