In response to California’s growing housing and homelessness crisis, voters approved two but rejected one measure aimed at solving the problem.
Proposition 1, a bond measure used to create more affordable housing, passed with 52 percent of voters in favor and 48 percent against.
The proposition, which was supported by the California Democratic Party, will allow the state to use $4 billion to fund affordable housing construction and offer renters and home buyers loan subsidies, including $1 billion in home loans for veterans. Opponents, including the California Republican Party, said the measure won’t properly address the state’s housing issues and will/would add to the state’s debt.
Proposition 2, which will give the state permission to borrow $2 billion for supportive housing for those with mental illness, passed 59 percent to 40 percent. The proposition, supported by the California Democratic Party, will allow lawmakers to use money generated from the millionaire’s tax to fund the projects.
Proposition 10, which would have allowed cities to introduce new rent control policies, was struck down by voters 65 percent to 35 percent. The proposition, supported by the California Democratic Party, would have repealed the Costa-Hawkins Rental Housing Act, which limits how cities can impose rent controls on residential properties.
The measure gained nationwide attention when Senator Bernie Sanders (I-Vt.) endorsed the proposition in October.