375 Beale Street  
Suite 800  
San Francisco, California  
94105  
Meeting Minutes  
Bay Area Housing Finance Authority  
Alfredo Pedroza, Chair Nick Josefowitz, Vice Chair  
9:35 AM  
Wednesday, June 26, 2024  
Board Room - 1st Floor  
Roster  
Alfredo Pedroza (Chair), Nick Josefowitz (Vice Chair),  
Margaret Abe-Koga, Eddie Ahn, David Canepa, Cindy Chavez, Carol Dutra-Vernaci,  
Dina El-Tawansy*, Victoria Fleming, Dorene M. Giacopini*, Federal D. Glover,  
Matt Mahan, Nate Miley, Stephanie Moulton-Peters, Sue Noack, Gina Papan,  
David Rabbitt, Hillary Ronen, Libby Schaaf*, James P. Spering, Sheng Thao  
*Non-Voting Members  
Chair Pedroza called the meeting order at 9:35 a.m.  
1. Call to Order / Roll Call / Confirm Quorum  
16 -  
Present:  
Chair Pedroza, Commissioner Abe-Koga, Commissioner Ahn, Commissioner  
Canepa, Commissioner Chavez, Commissioner Dutra-Vernaci, Commissioner  
Fleming, Commissioner Glover, Commissioner Mahan, Commissioner Miley,  
Commissioner Moulton-Peters, Commissioner Noack, Commissioner Papan,  
Commissioner Ronen, Commissioner Spering and Commissioner Thao  
2 - Vice Chair Josefowitz and Commissioner Rabbitt  
Absent:  
Commissioner Ahn was absent during the roll call and arrived during agenda item 7a.  
Non-Voting Commissioners Present: Commissioner Schaaf  
Non-Voting Commissioner Absent: Commissioner El-Tawansy and Commissioner Giacopini  
2. Pledge of Allegiance / Acknowledgement of the Flag  
3. Compensation Announcement (Clerk)  
4. Chair's Report  
5. Consent Calendar  
Upon the motion by Commissioner Spering and seconded by Commissioner  
Glover, the Authority unanimously approved the Consent Calendar by the  
following vote:  
15 -  
Aye:  
Chair Pedroza, Commissioner Abe-Koga, Commissioner Canepa, Commissioner  
Chavez, Commissioner Dutra-Vernaci, Commissioner Fleming, Commissioner  
Glover, Commissioner Mahan, Commissioner Miley, Commissioner Moulton-Peters,  
Commissioner Noack, Commissioner Papan, Commissioner Ronen, Commissioner  
Spering and Commissioner Thao  
3 - Vice Chair Josefowitz, Commissioner Ahn and Commissioner Rabbitt  
Absent:  
5a.  
5b.  
Approval of the Bay Area Housing Finance Authority (BAHFA) Minutes of  
the May 22, 2024 Meeting  
Action:  
Authority Approval  
Consultant Bench - 2024 Municipal Advisory Services - Cycle 1 for Service  
Category:  
i. General Obligation (GO) Financing (KNN Public Finance, LLC and  
Public Resources Advisory Group, Inc.);  
ii. Housing Project Revenue Bonds (CSG Advisors Incorporated and KNN  
Public Finance, LLC); and  
iii. Delegation of Authority to MTC to hear and decide upon any protests  
related to the aforementioned procurements  
Action:  
Authority Approval  
Natalie Perkins  
Presenter:  
5c.  
BAHFA Resolution No. 0033: Fiscal Year (FY) 2024-25 Operating and  
Capital Budgets  
Action:  
Authority Approval  
Presenter:  
Oscar Quintanilla Lopez  
6. Authority Information  
6a.  
Poll Results for a Bay Area Affordable Housing Bond  
Overview of findings from May-June 2024 voter opinion research  
conducted on the proposed affordable housing general obligation bond  
Action:  
Information  
Presenter:  
Rebecca Long, MTC/ABAG, and Ruth Bernstein, EMC Research  
The following members of the public were called to speak: Dan Stegink, Chris  
Robell, and Howard Wong.  
7. Authority Approval  
7a.  
BAHFA Resolution No. 0031: BAHFA Business Plan  
A request that the Authority adopt BAHFA Resolution No. 0031 approving  
the BAHFA Business Plan; CEQA Determination: Exempt Pursuant to  
Public Resources Code § 21065; Government Code § 64523.  
Action:  
Authority Approval  
Kate Hartley  
Presenter:  
Commissioner Ahn arrived during agenda item 7a.  
Commissioner Chavez and Commissioner Mahan were absent during the vote for  
agenda item 7a.  
Dan Stegink was called to speak.  
Upon the motion by Commissioner Spering and seconded by Commissioner  
Dutra-Vernaci, the Authority unanimously adopted BAHFA Resolution No. 0031.  
The motion carried by the following vote:  
14 -  
Aye:  
Chair Pedroza, Commissioner Abe-Koga, Commissioner Ahn, Commissioner  
Canepa, Commissioner Dutra-Vernaci, Commissioner Fleming, Commissioner  
Glover, Commissioner Miley, Commissioner Moulton-Peters, Commissioner Noack,  
Commissioner Papan, Commissioner Ronen, Commissioner Spering and  
Commissioner Thao  
4 -  
Absent:  
Vice Chair Josefowitz, Commissioner Chavez, Commissioner Mahan and  
Commissioner Rabbitt  
7b.  
BAHFA Resolution No. 0032: BAHFA’s Regional Expenditure Plan  
A request that the Authority adopt BAHFA Resolution No. 0032 to approve  
BAHFA’s Regional Expenditure Plan; direct the Executive Director or  
designee to bring forward a guideline to implement labor standards and to  
work with the California State Legislature to Amend the San Francisco Bay  
Area Regional Housing Finance Act to authority BAHFA to impose labor  
standards on direct recipients of bond proceeds; CEQA Determination;  
Exempt Pursuant to Public Resources Code § 21065; Government Code §  
64523.  
Action:  
Authority Approval  
Kate Hartley  
Presenter:  
Commissioner Chavez and Commissioner Mahan returned during agenda item  
7b.  
One letter of correspondence was received from Nor Cal Carpenters Union.  
The following members of the public were called to speak: April Atkins (Nor Cal  
Carpenters Union), Tim Rayff (Nor Cal Carpenters Union), Edward Evans (Nor Cal  
Carpenters Union), and Ken Bukowski.  
Upon the motion by Commissioner Glover and seconded by Commissioner  
Spering, the Authority unanimously adopted BAHFA Resolution No. 0032. The  
motion carried by the following vote:  
16 -  
Aye:  
Chair Pedroza, Commissioner Abe-Koga, Commissioner Ahn, Commissioner  
Canepa, Commissioner Chavez, Commissioner Dutra-Vernaci, Commissioner  
Fleming, Commissioner Glover, Commissioner Mahan, Commissioner Miley,  
Commissioner Moulton-Peters, Commissioner Noack, Commissioner Papan,  
Commissioner Ronen, Commissioner Spering and Commissioner Thao  
2 - Vice Chair Josefowitz and Commissioner Rabbitt  
Absent:  
7c.  
BAHFA Resolution No. 0034: Affordable Housing General Obligation Bond  
in an Amount of $20 Billion  
A request that the Authority adopt BAHFA Resolution No. 0034 making  
certain findings in support of; to call for the election to submit a ballot  
measure for a general obligation bond for affordable housing in an amount  
of $20 billion to the voters of the counties of Alameda, Contra Costa, Marin,  
Napa, San Mateo, Santa Clara, Solano and Sonoma and the city and  
county of San Francisco (the “Nine Bay Area Counties”); to consolidate the  
election at the November 2024 general election; and to authorize staff to  
take actions related, necessary, or incidental to carrying out the intent of  
this resolution; Cal. Const. Art. XXXIV Authority: up to 90,000 units.  
Action:  
Authority Approval  
Kate Hartley  
Presenter:  
Written correspondence was received from Janelle Chan (East Bay Asian Local  
Development Corporation), Roma Dawson (League of Women Voters of the Bay  
Area), Maureen Sedonaen (Habitat for Humanity Greater San Francisco), and  
Nick Waranoff.  
The following members of the public were called to speak: Matt Graves, Huascar  
Castro, Sophia DeWitt (East Bay Housing Organization), Warren Cushman  
(Community Resources for Independent Living), Irving Torres (All Home), Geeta  
Rao (Enterprise), Amie Fishman (Non Profit Housing), Nicole Buccalo (PATH),  
Monica Strauch (United Way Bay Area), Jennifer Silva (Marin Environmental  
Housing Collaborative), Marc Joffe, Gregg Dieguez (Midcoast Community  
Council), Gus Mahtamall), Tom Rubin (20 Billion Reasons), Marcus Crawley  
(Alameda County Taxpayers Association), Thomas Weissmiller, Ron Brown  
(Marin Organizing Community), John Avalus (Council of Community Housing  
Organizations), Dan Adams (San Francisco Mayor's Office of Housing and  
Community Development), Jeff Bialik (Housing for all Marin), Gina Guillemette  
(Community Action Marin), Cory Wolbach (Silicon Valley at Home), Elizabeth  
Wampler (Local Initiatives Support Corporation), Meredith Parnell (St. Vincent de  
Paul Marin), Phil Allen (Catalysts for Local Control), Max Zhang (Generation  
Housing), Annie O'Connor (West Marin CLTs), Amy Beth Willis (Save the Bay),  
Rebecca Foster (Housing Accelerator Fund), Leonor Godinez (Faith in Action East  
Bay), Nevada Merriman (MidPen Housing), Lydia Kon, Clarice Veloso (EAH  
Housing), Katie Goetz (Woodside Road United Methodist Church), Reverend Dr.  
Penny Nixon (Peninsula Solidarity), Matt Regan (Bay Area Council), Courtney Pal  
(Resources for Community Development), Kevin Zwik, Elizabeth Henry (Catalysts  
CA), Jordan Grimes (Greenbelt Alliance), Meina Young (Business and Housing  
Network), Charlie Sciammas (Council of Community Housing Organizations),  
Manson Leung (Self Help for the Elderly), Jay Mitchell (Faith in Action East Bay),  
Chris Cummings (Tenderloin Neighborhood Development Corporation), Ken Chan  
(Housing Leadership Council of San Mateo County), Aboubacar Ndiaye (Northern  
California Land Trust), Leslie Rodriguez (Housing Trust Silicon Valley),  
Yves-Langston Barturad (San Francisco Women's Housing Coalition), Shola  
Olatoye, Jenny Michel, Jonathan Karpf, Roma Dawson (League of Women  
Voters), Pastor Bains, Chris Robell, Erica Valentine, Leo Goldberg, Elsa Schafer,  
Emily Wheeler (Public Advocates), Glen Branaman (Napa-Solano Central Labor  
Council), Tad, Joe Summers, Bob Allen (Urban Habitat), Doug Fowler (Habitat for  
Humanity), Cheryl Pattick (North Marin Community Service), Rich Hedges, Barry  
Smith, Katherine Hedges, Richard Gallo, Kalimah Salahuddin, Delma  
Hernandez, Keith Brown (Alameda Labor Council), Vicki Shu (East Bay Asian  
Development), Pat Piras, Ogni Jussei, Vinay Pimpley, Andrea Morgan, Howard  
Wong, Anne Gray, iPhone (31), Tim Frank, and Adina Levin.  
Upon the motion by Commissioner Dutra-Vernaci and seconded by Commissioner  
Canepa, the Authority unanimously adopted BAHFA Resolution No. 0034. The  
motion carried by the following vote:  
16 -  
Aye:  
Chair Pedroza, Commissioner Abe-Koga, Commissioner Ahn, Commissioner  
Canepa, Commissioner Chavez, Commissioner Dutra-Vernaci, Commissioner  
Fleming, Commissioner Glover, Commissioner Mahan, Commissioner Miley,  
Commissioner Moulton-Peters, Commissioner Noack, Commissioner Papan,  
Commissioner Ronen, Commissioner Spering and Commissioner Thao  
2 - Vice Chair Josefowitz and Commissioner Rabbitt  
Absent:  
8. Public Comment / Other Business  
Mindy Pechinuk and Kate Hedges were called to speak.  
9. Adjournment / Next Meeting  
The next meeting of the Bay Area Housing Finance Authority is scheduled to be held  
on Wednesday, July 24, 2024. Any changes to the schedule will be duly noticed to  
the public.