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Measure Details

Authorizes Bonds to Fund Specified Housing Assistance Programs

California Ballot Measure - Proposition 1

Election: Nov. 6, 2018 (General)
Outcome: Passed

Categories:
Housing and Property
Government Budget and Spending

Summary

Authorizes $4 billion in general obligation bonds for existing affordable housing programs for low-income residents, veterans, farmworkers, manufactured and mobile homes, infill, and transit-oriented housing. Fiscal Impact: Increased state costs to repay bonds averaging about $170 million annually over the next 35 years.

Measure Text

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