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The Bay Area Housing for All regional bond will unlock $10 – 20 billion dollars to build and preserve more than 72,000 affordable homes across 9 Bay Area counties, meeting the urgency and scale of our housing crisis. Over the past few months, the Bay Area Housing Finance Authority (BAHFA) and Association of Bay Area Governments have been holding pivotal public meetings to hear from organizations and community members and inform the bond’s expenditure plans. BAHFA will meet
again on June 26th for their final vote to approve plans and determine whether to place the housing measure on the November 2024 ballot.
In this second session of the Foundations of Racial Equity Series, we explore racial capitalism, which describes the current economic system of extracting social and economic value from people of color. Racial capitalism is based on the theft, exclusion and exploitation of the land, labor, and capital of people of color. Philanthropy—as a social, political, and economic strategy of society’s wealthiest people, mostly white men, and institutions that “do good” while moving wealth without tax exposure— upholds racial capitalism.
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The neighborhoods we call home are steeped in meaning, culture, and history. Across Northern California, historically Black and other people of color neighborhoods are working to reverse and repair decades of community removals and neglect, while facing ongoing pressures that threaten resident and business displacement. These communities have initiated reparative and inclusive economic and community development efforts along commercial corridors that center the culture, values and history
of local residents.
Northern California Grantmakers. We are led by a whose North Star is racial equity internally and externally. We listen to our members, movement groups, and other stakeholders to consider an intersectional racial analysis for a more equitable future. We fully acknowledge that how we do what we do matters.
Grantmaker Memberships are organization-wide: your entire staff and board receive member privileges. Membership is for one calendar year. You may arrange to pay on a different fiscal year schedule.
Government entities are eligible for NCG membership. Government membership is non-transferrable and active for one calendar year. You may arrange to pay on a different fiscal year schedule. NCG is tax exempt under IRS section 501(c)(3). For purposes of completing form 990-PF, all dues in excess of $750 may be reported as a grant rather than as administrative expenses. Payment and documentation may be submitted following your application.