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Bay Area Housing Finance Authority, California, Regional Measure 4, Housing Bond Measure (November 2024)

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Bay Area Housing Finance Authority Regional Measure 4

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Election date

November 5, 2024

Topic
Local housing policy and Special district bonds
Status

Proposed ballot measures that were not on a ballotNot on the ballot

Type
Referral

Bay Area Housing Finance Authority Regional Measure 4 was not on the ballot as a referral in Bay Area Housing Finance Authority on November 5, 2024.

A "yes" vote would have supported this ballot measure to:

  • issue $20 billion in general obligation bonds to fund affordable housing projects and housing-related uses as defined in state law and
  • enact an estimated tax of $18.98 per $100,000 of a property's assessed value to pay for the bond.

A "no" vote would have opposed this ballot measure to issue $20 billion in general obligation bonds to fund affordable housing projects and housing-related uses as defined in state law and levy a property tax to pay for the bond.


A two-thirds (66.67%) vote would have been required for the approval of Regional Measure 4.

Text of measure

Ballot title

The ballot title for Regional Measure 4 was as follows:

BAY AREA AFFORDABILITY PLAN. 

To address housing affordability and reduce homelessness by:

  • providing an estimated 70,000 affordable apartments/homes;
  • creating homes near transit, jobs, and stores;
  • converting vacant lots/ blighted properties into affordable housing; and
  • providing first-time homebuyer assistance;
shall the measure issuing $20,000,000,000 in bonds at legal rates, levying an estimated $19 per $100,000 of assessed valuation generating $670,000,000 annually while bonds are outstanding, and requiring public reporting, independent audits/ citizen oversight, be adopted?


Full text

The full text of the ballot measure is below:

Support

Yes on Regional Measure 4, Bay Area Neighbors for Affordable Housing led the campaign supporting the ballot measure.[1]

Opposition

20 BILLION Reasons to Vote NO on Regional Measure 4 (RM4) Tax led the campaign opposing the ballot measure.[2]

Path to the ballot

See also: Laws governing local ballot measures in California

This measure was put on the ballot through a vote of the governing body of Bay Area Housing Finance Authority. On August 14, 2024, the board of the Bay Area Housing Finance Authority voted to remove the measure from the ballot.[3]

How to cast a vote

See also: Voting in California

See below to learn more about current voter registration rules, identification requirements, and poll times in California.

How to vote in California

See also


External links

Footnotes

  1. Yes on Regional Measure 4, Bay Area Neighbors for Affordable Housing, "Homepage," accessed August 7, 2024
  2. 20 BILLION Reasons to Vote NO on Regional Measure 4 (RM4) Tax, "Homepage," accessed August 7, 2024
  3. CalMatters, "Bond voyage: Supporters yank California’s largest-ever affordable housing measure," August 14, 2024
  4. California Secretary of State, "Section 3: Polling Place Hours," accessed October 29, 2025
  5. California Secretary of State, "Voter Registration," accessed October 29, 2025
  6. 6.0 6.1 California Secretary of State, "Registering to Vote," accessed October 29, 2025
  7. California Secretary of State, "Same Day Voter Registration (Conditional Voter Registration)," accessed October 29, 2025
  8. SF.gov, "Non-citizen voting rights in local Board of Education elections," accessed November 14, 2024
  9. Under federal law, the national mail voter registration application (a version of which is in use in all states with voter registration systems) requires applicants to indicate that they are U.S. citizens in order to complete an application to vote in state or federal elections, but does not require voters to provide documentary proof of citizenship. According to the U.S. Department of Justice, the application "may require only the minimum amount of information necessary to prevent duplicate voter registrations and permit State officials both to determine the eligibility of the applicant to vote and to administer the voting process."
  10. Florida's law takes effect on January 1, 2027
  11. Democracy Docket, "California Governor Signs Law to Ban Local Voter ID Requirements," September 30, 2024
  12. Congress, "H.R.3295 - Help America Vote Act of 2002," accessed September 30, 2025
  13. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.