BALLOT MEASURE SUMMARY 
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SUMMARY Put on the Ballot by the Legislature |
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| For the purpose of providing shelters for battered women and
their children, clean and safe housing for low-income senior
citizens; homeownership assistance for the disabled, military
veterans, and working families; and repairs and accessibility
improvements to apartment for families and disabled citizens,
the state shall issue bonds totaling two billion eight hundred
fifty million dollars ($2,850,000,000) paid from existing
state funds at an average annual cost of two hundred and four
million dollars ($204,000,000) per year over the 30 year life
of the bonds. Requires reporting and publication of annual
independent audited reports showing use of funds, and limits
administration and overhead costs. |
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WHAT YOUR VOTE MEANS |
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| YES A YES vote on this measure means: The state could sell $2.85 billion in general obligation bonds to support a variety of housing and development programs. |
NO A NO vote on this measure means: The state could not sell $2.85 billion in general obligation bonds for these purposes. |
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ARGUMENTS |
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| PRO YES on Proposition 1C provides emergency shelters for battered women, affordable homes for seniors and former foster youths, and shelters with social services for homeless families without raising taxes. Rebuild California: Join Habitat for Humanity, AARP, and CA Partnership to End Domestic Violence, vote Yes on 1C. |
CON Vote “no” on Proposition 1C. Almost $3 billion in new government debt and big bureaucracy won’t make California housing affordable. Proposition 1C gives your money to a select few chosen by bureaucrats then sticks every California family of four with $600 of debt and interest. Vote “no” on irresponsible debt. |
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FOR ADDITIONAL INFORMATION |
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| FOR Let’s Rebuild California 1127 11th Street, Suite 950 Sacramento, CA 95814 (916) 448-1401 info@readforyourself.org www.readforyourself.org |
AGAINST Assemblyman Chuck DeVore California State Assembly 4790 Irvine Blvd., Ste. 105-191 Irvine, CA 92620 (916) 991-9300 NoProp1C@aol.com www.NoProp1C.com |
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