Showing posts with label prop 41. Show all posts
Showing posts with label prop 41. Show all posts

Tuesday, February 18, 2014

Proposition 41 - Veterans Housing and Homeless Prevention Bond

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.