"It's great to be able to zone for them, but if you can't afford to actually build the project you still have the same problem and all you have is a plan with nothing to back it up," said Ramos.
"Everyone is identifying housing, the affordability of housing, the supply of housing. Those are very real concerns," said Ramos, who is also the president of the Association of Bay Area Governments.
"If Proposition 5 were to pass, you would see higher property taxes after every election because of all the different entities that can put bonds on the ballot," said Susan Shelley of the Howard Jarvis Taxpayers Association.
A report released this summer by the Bay Area Housing Finance Authority (BAHFA) and Enterprise Community Partners identified 433 housing projects stuck in predevelopment because they lack $9.7 billion in public funds to move forward.
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