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Packet 20231002
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Last modified
3/21/2024 5:55:38 PM
Creation date
10/20/2023 10:44:43 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
10/2/2023
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Potential 2024 Measures <br />9 <br />1 <br />An advocate-led statewide constitutional amendment to enable <br />affordable housing general obligation bonds be approved by a majority <br />of voters instead of the current two thirds requirement <br />This also would allow bond proceeds to be used to protect tenants at affordable <br />housing sites through rental assistance reserves, tenant services, and more. <br />2 A BAHFA General Obligation Bond to raise $10-$20 billion – which <br />could provide between 35,000 and 80,000 new homes across the <br />nine-county region.
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