In a major setback for affordable housing advocates, the Bay Area Housing Finance Authority has pulled from the November ballot a $20 billion regional housing bond that could have sent a $699 million windfall to Marin County.
Despite legal challenges that have complicated their efforts, the bond’s promoters intend to keep fighting for the measure, but they plan to do so on a slower timetable, putting off the vote until 2026 or even 2028.