Also on Monday evening, the City Council will consider a resolution supporting the Veterans and Affordable Housing Bond Act. In response to the housing crisis, in the fall of 2017 the California State Legislature and Governor Brown passed a series of new bills, including new measures to increase financial support for housing creation. Senate Bill 3 – the Veterans and Affordable Housing Bond Act – was one of the approved bills, and it has put a $4 billion bond on the November 2018 ballot.
View the full staff report on our website for more information.