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Fed
State
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25 of 55 · State · Yes/No
State · Yes/No
Proposition 1 — Housing Affordability Bonds
Authorizes $11.25 billion in bonds for affordable housing and veterans’ home loans. The state General Fund would repay $10 billion; participating veterans would repay $1.25 billion through their mortgage payments.
A yes vote means
The state could issue these bonds to fund housing programs and veterans’ home loans.
A no vote means
The state could not issue these bonds. Existing housing programs would continue without this additional bond funding.
Arguments & rebuttals
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