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Proposition 46— $2.1 Billion Bond For Housing
On Nov. 5, California voters will have an opportunity to do something
about our deepening housing crisis. Prop. 46 is a $2.1 billion bond for
affordable apartment construction, first-time homebuyer assistance, homeless
shelters.
There are a number of statistics that describe the statewide housing
crisis:
- We need to build about 220,000 units/year to meet demand, a goal we
have met only four times in the last two decades.
- While, national homeownership is at a record high, California trails
badly and ranks 48th in the country.
- Over three-quarters of very low income renters spend over half their
income on rent. A minimum wage worker has to work over 106 hours/week
to be able to afford an average two bedroom apartment.
- One in eight rentals in urban California is overcrowded. One in eight
housing units statewide is substandard.
- According to the California Dept. of Housing & Community Development,
there are an estimated 360,000 homeless people in the state.
There are many factors that impede housing development across the state,
but the housing that is being built is mostly high end. We need state
dollars to help with construction of affordable housing.
Get Involved!
There are many things you can do to get the word out on Prop. 46.
- Educate yourself about Prop. 46. More information is available at
www.prop46yes.org
- Register to vote and vote on Nov. 5.
- Get all of the organizations you are affiliated with to support Prop.
46. Download endorsement
forms online
- Volunteer with a local voter registration campaign.
- Learn to speak effectively and concisely about Prop. 46. The Southern
California Association of Non-Profit Housing (SCANPH) will be holding
two Speakers' Training on Prop. 46 on Tuesday, Sept. 10 and Wednesday,
September 18. For more details call SCANPH at (213) 480-1249.
School Bond — Proposition 47
The $13 billion Kindergarten-University Public Education Facilities Bond
Act of 2002 will help build some of the 46,000 new classrooms to relieve
overcrowding and make room for our growing population. Prop. 47 will also
be used to upgrade older deteriorating schools.
Los Angeles voters have a double incentive to vote “yes”
on Prop. 47 because many school projects funded with local bonds need
Prop. 47 matching funds to be completed.
Check out the website at: http://www.yesprop47.com/
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