Bay Area Metro Center  
375 Beale Street  
San Francisco, CA 94105  
Meeting Minutes - Final  
Bay Area Housing Finance Authority Oversight Committee  
Chair, Libby Schaaf, Mayor, City of Oakland  
Vice Chair, Amy Worth, Mayor, City of Orinda  
Thursday, June 9, 2022  
1:00 PM  
REMOTE  
Bay Area Housing Finance Authority  
Oversight Committee  
Joint Meeting with the ABAG Housing Committee  
The BAHFA Oversight Committee may act on any item on the agenda.  
The meeting is scheduled to begin at 1:00 p.m.  
Agenda, roster, and webcast available at https://mtc.ca.gov/  
For information, contact Clerk of the Board at (415) 820-7913.  
Roster  
Margaret Abe-Koga, David Canepa, Federal Glover, David Rabbitt,  
Hillary Ronen, Libby Schaaf, Amy Worth  
1. Call to Order / Roll Call / Confirm Quorum / Compensation Announcement  
Chair Schaaf called the meeting to order at about 1:11 p.m. Quorum was  
present.  
4 - Abe-Koga, Glover, Schaaf, and Worth  
Present:  
Absent:  
3 - Canepa, Rabbitt, and Ronen  
2. Public Comment  
3. Committee Member Announcements  
4. Chairs' Report  
22-0942  
4.a.  
ABAG Housing Committee and BAHFA Oversight Committee Chairs’  
Report for June 9, 2022  
Chair Schaaf gave the report.  
5. Executive Director's Report  
22-0943  
Executive Director’s Report for June 9, 2022  
Therese W. McMillan gave the report.  
5.a.  
6. ABAG Housing Committee Consent Calendar  
22-0944 Approval of ABAG Housing Committee Minutes of May 12, 2022  
7. BAHFA Oversight Committee Consent Calendar  
6.a.  
Upon the motion by Worth and second by Glover, the BAHFA Oversight  
Committee approved the Consent Calendar. The motion passed unanimously by  
the following vote:  
4 - Abe-Koga, Glover, Schaaf and Worth  
3 - Canepa, Rabbitt and Ronen  
Aye:  
Absent:  
22-0945  
Approval of BAHFA Oversight Committee Minutes of May 12, 2022  
7.a.  
8. BAHFA Fiscal Year 2022-2023 Budget  
22-0999  
8.a.  
Adoption of BAHFA Resolution No. 12 approving Bay Area Housing  
Finance Authority Fiscal Year 2022-2023 Budget, including the $20 million  
State Grant  
Derek Hansel gave the report.  
The following gave public comment: Carlos Romero.  
Upon the motion by Glover and second by Worth, the BAHFA Oversight  
Committee recommended Bay Area Housing Finance Authority adoption of  
Resolution No. 12. The motion passed unanimously by the following vote:  
4 - Abe-Koga, Glover, Schaaf and Worth  
3 - Canepa, Rabbitt and Ronen  
Aye:  
Absent:  
9. BAHFA Nonprofit Public Benefit Corporation  
22-1000  
9.a.  
Adoption of Resolution No. 15 approving the creation of and appointment  
of BAHFA board members to an affiliated California nonprofit public  
benefit corporation incorporated for the purpose of receiving funds to  
facilitate the mission and mandate of the Bay Area Housing Finance  
Authority  
Kate Hartley gave the report.  
The following gave public comment: Carlos Romero, Jesse Arreguin.  
Upon the motion by Glover and second by Abe-Koga, the BAHFA Oversight  
Committee recommended Bay Area Housing Finance Authority adoption of  
Resolution No. 15. The motion passed unanimously by the following vote:  
4 - Abe-Koga, Glover, Schaaf and Worth  
Aye:  
3 - Canepa, Rabbitt and Ronen  
Absent:  
10. Welfare Tax Exemption Preservation Program; Recommended CEQA  
Determination: Exempt Pursuant to CEQA Guideline 15061(b)(3)  
22-1001  
10.a.  
Adoption of Resolution No. 16 approving the creation of a Welfare Tax  
Exemption Preservation Program (Program) to assist housing developers  
secure a welfare tax exemption necessary to create and preserve  
permanently affordable housing  
Kate Hartley gave the report.  
The following gave public comment: Kevin Leichner, Carlos Romero, Karen  
Mitchoff, Jeremy Liu.  
Upon the motion by Abe-Koga and second by Worth, the BAHFA Oversight  
Committee recommended Bay Area Housing Finance Authority adoption of  
Resolution No. 16. The motion passed unanimously by the following vote:  
4 - Abe-Koga, Glover, Schaaf and Worth  
3 - Canepa, Rabbitt and Ronen  
Aye:  
Absent:  
11. Bay Area Regional Energy Network  
22-0946  
11.a.  
Overview of BayREN Programs and Opportunities for Collaboration with  
BAHFA  
Presentation overview of the Bay Area Regional Energy Network portfolio  
of energy efficiency programs with a focus on the residential programs and  
the opportunities for BAHFA-funded projects to incorporate energy  
efficiency and electrification measures.  
Jenny Berg gave the report.  
12. Adjournment / Next Meeting  
Chair Schaaf adjourned the meeting at about 2:40 p.m. The next joint  
meeting of the ABAG Housing Committee and BAHFA Oversight  
Committee is on July 14, 2022.