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Make it easier for local governments to fund affordable housing, infrastructure projects
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What did voters decide?
What would it do?
California makes it difficult for local governments to take money. Not only do most metropolis and county bonds require voter endorsement, they need the support of at least two-thirds of those voting to pass.
Proposition 5 would amend the California constitution by lowering the required threshold to 55% for any borrowing to fund affordable housing construction, down payment assistance programs and a host of “public infrastructure” projects, including those for water management, local hospitals and police stations, broadband networks and parks.
If it passes, the modern cut-off would use not just to future bonds, but any that are on the ballot this November.
Why is it on the ballot?
Assemblymember Cecilia Aguiar-Curry, a Democrat from Winters, has been trying and failing to receive some version of this on the ballot since 2017. After a beneficial promotion to Assembly majority leader, she finally got her way this year.
The Legislature voted to put Prop. 5 on the ballot last fall. But after a bit of political wrangling this sp
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