Gimme My Props

California Proposition 1: Veterans and Affordable Housing Bond Act


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Proposition 1 is the Veterans and Affordable Housing Bond Act. If passed, it would authorize the sale of $4 billion in bonds to finance a bunch of existing low-income housing programs, build new, state-owned housing and match local housing trust funds dollar-for-dollar as they pilot new programs. One-quarter of this $4 billion would help veterans purchase homes, mobile homes and farms. A coalition has raised over 2 million dollars to pass Prop 1. It consists of affordable housing developers and
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Gimme My PropsBy KALW, San Francisco Public Press, CalMatters

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