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Proposition 41? Multi-Housing for Vets…Pros & Cons

By   /   May 5, 2014  /   Comments Off

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Morongo Basin, Ca.,- Upon reading Proposition 41 to help our Veterans with Multi-Family housing, my heart strings were tugged and I was feeling warm and fuzzy.  Of course, that did not last too long when I looked into this unfunded proposition reviewing the realities and costs. 

Here is the exact wording for this proposition and I will link two opposing views for you.

Proposition 41 Veterans Housing and Homeless Prevention Bond Act of 2014>text-proposed-laws

 

Position by California Federation of Republican Women: Oppose

After extensive research and analysis, the CFRW has come out against Prop 41. Prop 41 is titled the Veterans Housing and Homeless Prevention Bond Act. Taken at face value, this would seem like a proposition we should support. But upon further review and analysis, Prop 41 does little to fix the homeless veteran problem and actually does more harm to veterans looking to purchase homes.

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Prop 41 would take $600 million away from the CalVet program, a $900 million bond program passed by voters in 2008, and instead uses that money to build multifamily, low income housing for homeless vets.

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The original CalVet program helped vets secure loans for purchasing property, homes, and farms. This new prop is leaving only $300 million for those vets and instead using $600 million in bond money to support approximately 19,000 homeless vets in the state of California. California has almost 2 million vets living here, yet we are shifting 2/3rds of already approved bond money to help 1% of vets in the state.

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We believe that the homeless vets should be helped- with a hand up, not a hand out. Prop 41 would build all new multifamily, low income housing, which is why labor unions are big supporters of the bill. (Campaign information>link)

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But Prop 41 would also create a new tax liability for Californians, averaging in at least $50 million annually in new costs over the next 15 years. Prop 41 would also create new bureaucracies for its implementation, many of these overlapping with already established state and federal programs for our homeless vets.

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This creates more waste and unnecessary spending when this bond money could be better spent to help our vets. We believe that our vets deserve creative solutions. A robust economy and affordable, competitive college programs would help Californian veterans.

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How about tax credits for businesses that employ vets? Or reworking the CalVet program for better loan options for vets to purchase property themselves.

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Prop 41 is the easy answer, not the right answer. Click HERE for talking points in opposition to Prop 41. We OPPOSE Prop 41!

 

prop-41-fiscal-impact

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Here is the statement of support by the League of California Cities:>link

 

Veterans-Fact-Sheetv3

 

League Board Votes to Support Initiative to Help Fund Multi-Family Housing for Veterans

‘Concerns’ Position Adopted on Proposition 42

May 2, 2014
The League board of directors last Thursday voted to support Proposition 41 on the June 2014 statewide ballot, a measure that would restructure the veterans’ bond program so that more veterans can take advantage of unspent bond funds.
California voters approved bond funds in 2000 (Prop. 21) and again in 2008 (Prop. 12) to help veterans purchase single family homes, farms and mobilehomes. Assembly Speaker John Pérez drafted the League-supported AB 639, which became Prop. 41, to address both the housing needs and changing demographics of the state’s veteran population. This measure restructures $600,000,000 of the existing Prop. 12 money to construct and rehabilitate multi-family housing for veterans and prioritize legislation that aligns housing with services. It also preserves more than $500,000 in existing CalVet Farm and Home Loan Program dollars.The board also considered Prop. 42 on the June statewide ballot, a measure that would amend the California Constitution to require local agencies to

- See more at: http://www.cacities.org/Top/News/News-Articles/2014/May/League-Board-Votes-to-Support-Initiative-to-Help-F?utm_campaign=website&utm_source=cacities.org&utm_medium=email#sthash.TPpT0tLo.dpuf

The League board of directors last Thursday voted to support Proposition 41 on the June 2014 statewide ballot, a measure that would restructure the veterans’ bond program so that more veterans can take advantage of unspent bond funds.
California voters approved bond funds in 2000 (Prop. 21) and again in 2008 (Prop. 12) to help veterans purchase single family homes, farms and mobilehomes. Assembly Speaker John Pérez drafted the League-supported AB 639, which became Prop. 41, to address both the housing needs and changing demographics of the state’s veteran population. This measure restructures $600,000,000 of the existing Prop. 12 money to construct and rehabilitate multi-family housing for veterans and prioritize legislation that aligns housing with services. It also preserves more than $500,000 in existing CalVet Farm and Home Loan Program dollars.

- See more at: http://www.cacities.org/Top/News/News-Articles/2014/May/League-Board-Votes-to-Support-Initiative-to-Help-F?utm_campaign=website&utm_source=cacities.org&utm_medium=email#sthash.TPpT0tLo.dpuf

 

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About the author

Margo Sturges

Yucca Valley Editor

Note: Margo Sturges has written many articles for Cactus Thorns and is the founder of Citizens4Change.info. Email contact: MargoSturgesYV(at)aol.com "In a time of universal deceit, telling the truth becomes a revolutionary act."- George Orwell

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