SR 09-11-2018 13C 13.C
September 11, 2018
Council Meeting: September 11, 2018 Santa Monica, California
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CITY CLERK’S OFFICE - MEMORANDUM
To: Mayor and City Council
From: Denise Anderson-Warren, City Clerk, Records & Elections Services
Department
Date: September 11, 2018
13.C Request of Mayor Winterer and Mayor Pro Tem Davis that the City Council
endorse Propositions 1 and 2 on the November 2018 statewide ballot.
Proposition 1, the Veterans and Affordable Housing Bond Act of 2018,
would authorize $4 billion in general obligation bonds to fund existing
housing production and grant programs, including the Multilfamily Housing
Program for low-income residents and the CalVet Home Loan Program for
veterans seeking housing. Proposition 2 authorizes up to $2 billion from
the Mental Health Services Act—enacted by voters via initiative on the
November 2004 ballot—to establish the No Place Like Home Program to
finance permanent housing for individuals with mental illness who are
homeless or at risk of chronic homelessness. Locally, supportive housing
developers would be able to leverage Affordable Housing Trust Funds with
No Place Like Home financing to increase the production of affordable
housing for the homeless.