As you may recall, Governor Brown signed AB 639 (Perez), which means
California voters will decide this June whether to repurpose $600
million in unspent veterans bonds (originally designated for
homeownership), allowing it to be used to create affordable apartments
for veterans. The ballot measure is now Proposition 41 -- the Veterans
Housing and Homeless Prevention Bond Act of 2014: Veterans Housing and
Homeless Prevention Act of 2014. If passed, Prop 41 will help address
the growing need for affordable rentals for veterans, especially those
who are at risk of homelessness or are homeless and in need of services,
such as mental-health counseling, job training, and substance-abuse
treatment.
