375 Beale Street  
Suite 800  
San Francisco, California  
94105  
Meeting Agenda  
Bay Area Housing Finance Authority  
Sue Noack, Chair Stephanie Moulton-Peters, Vice Chair  
Wednesday, May 27, 2026  
9:40 AM  
Board Room - 1st Floor  
The Bay Area Housing Finance Authority (BAHFA) is scheduled to meet at 9:40 a.m. or  
immediately following the preceding meeting, whichever occurs later.  
This meeting shall consist of a simultaneous teleconference call at the following location(s):  
City Clerk’s Conference Room, Mountain View City Hall, Third Floor, 500 Castro Street,  
Mountain View, CA 94041  
Meeting attendees may opt to attend in person for public comment and observation at 375  
Beale Street, Board Room (1st Floor). In-person attendees must adhere to posted public  
health protocols while in the building. The meeting webcast will be available at  
encouraged to participate remotely via Zoom at the following link or phone number.  
Members of the public participating by Zoom wishing to speak should use the “raise hand”  
feature or dial *9. When called upon, unmute yourself or dial *6. In order to get the full Zoom  
experience, please make sure your application is up to date.  
iPhone One-Tap: US:  
+16694449171,,86530213760# US or +16699006833,,86530213760# US (San Jose)  
Join by Telephone (for higher quality, dial a number based on your current location) US:  
888 788 0099 (Toll Free) or 877 853 5247 (Toll Free)  
Webinar ID: 865 3021 3760  
International numbers available: https://bayareametro.zoom.us/u/kdd2aFUEUD  
All standing committee meeting agendas may also be accessed on MTC’s website here:  
Detailed instructions on participating via Zoom are available at:  
https://bayareametro.zoom.us/u/kdR1hznEgA  
Members of the public may participate by phone or Zoom during the meeting. In order to be  
posted to the meeting’s web page and circulated to committee members prior to the meeting,  
written comments must be sent by email at info@bayareametro.gov by 5:00 p.m. two (2)  
business days before the scheduled meeting date. Please include the committee or board  
meeting name and agenda item number in the subject line.  
All comments received will be submitted into the record.  
Roster  
Sue Noack (Chair), Stephanie Moulton-Peters (Vice Chair),  
Margaret Abe-Koga, Eddie Ahn, David Ambuehl*, Candace Andersen,  
Marilyn Ezzy Ashcraft, Pat Burt, Noelia Corzo, Victoria Fleming,  
Dorene M. Giacopini*+, Alicia John-Baptiste, Barbara Lee, Matt Mahan,  
Amber Manfree, Mitch Mashburn, Myrna Melgar, Nate Miley, Gina Papan,  
Belia Ramos, Libby Schaaf*  
*Non-Voting Members  
+Remote per Government Code s. 54953(c)  
1. Call to Order / Roll Call / Confirm Quorum  
A quorum of the Authority shall be a majority of its voting members (10).  
2. Chair's Report  
3. Consent Calendar  
Action:  
3a.  
Approval of the BAHFA Minutes of the December 17, 2025 meeting  
Authority Approval  
Attachments:  
4. BAHFA Oversight Committee Report (Ramos)  
4a.  
BAHFA Resolution No. 016. Welfare Tax Exemption Preservation  
Program - Update to Terms and Name  
Adoption of Resolution No. 16, Revised to update the terms of the Welfare  
Tax Exemption Preservation Program (Program), expanding the program  
to include new construction projects and changing its name to the “Welfare  
Tax Exemption Program”  
Action:  
Authority Approval  
Somaya Abdelgany  
Presenter:  
Attachments:  
4b.  
BAHFA Resolution No. 039. Welfare Tax Exemption Program - Adoption  
of Fee Schedule and Delegation of Authority  
Adoption of Resolution No. 39 to adopt a fee schedule for the Welfare Tax  
Exemption Program and to delegate authority to staff to collect those fees  
from program applicants and to approve fee reduction requests if such a  
request meets the criteria specified in the adopted Fee Schedule  
Action:  
Authority Approval  
Lydia Tan  
Presenter:  
Attachments:  
5. BAHFA Information  
5a.  
Bay Area Housing Financing Authority (BAHFA) Draft Fiscal Year (FY)  
2026-27 Operating and Capital Budget  
Presentation on the BAHFA Draft FY 2026-27 Operating and Capital  
Budget.  
Action:  
Information  
Presenter:  
Iesha Spencer  
Attachments:  
6. Public Comment / Other Business  
Members of the public participating by Zoom wishing to speak should use the “raise  
hand” feature or dial *9. When called upon, unmute yourself or dial *6.  
7. Adjournment / Next Meetings:  
The next regular meeting of the Bay Area Housing Financing Authority is scheduled  
to be held at the Bay Area Metro Center, 375 Beale Street, San Francisco on  
Wednesday, June 24, 2026. Any changes to the schedule will be duly noticed to the  
public.