By Sharon Rushton : marinpost – excerpt

Assembly Bill 1487 (Chiu), the “San Francisco Bay Area Regional Housing Finance Act”, advanced from the State Assembly to the State Senate. It will be heard by the Senate Housing Committee on June 18, 2019.

Please read on to learn about Assembly Bill 1487. If you agree that the bill is flawed and should be defeated, then please follow the “TAKE ACTION” suggestions at the end of this article.

About Assembly Bill 1487

The stated purpose of AB-1487 is to “establish the ‘Housing Alliance for the Bay Area’ in order to increase affordable housing in the San Francisco Bay Area by providing enhanced funding and technical assistance for tenant protection, affordable housing preservation, and new affordable housing production.”…(more)