August 9, 2017
A recent poll conducted by Affordable Housing Advocates indicates 60% of voters support a $6 billion to $9 billion statewide affordable housing bond proposed by State Treasurer John Chiang and a coalition of affordable housing advocates. That amount is two to three times the amount currently under consideration by the California state legislature.
“When 40% of surveyed Californians have someone in their immediate circle of friends and family living on the streets, and 60% who have seen high housing costs drive their children and close friends to move away, there is no room for timidity,” Chiang said in a statement. “In light of our polling results, the $3 billion contained in the current legislation is simply not enough. Voters demand more.”
A new $6 billion bond would house more than one million Californians, and create 120,000 construction jobs, according to the State Building and Construction Trades Council of California.
For questions, comments or concerns, please contact Jennifer Duell Popovec