Authorizes $600 million in general obligation bonds for affordable multifamily supportive housing to relieve homelessness, affordable transitional housing, affordable rental housing, or related facilities for veterans and their families. Fiscal Impact: Increased state bond costs averaging about $50 million annually over 15 years.
Legislative Vote Results
FINAL VOTES CAST BY THE LEGISLATURE ON AB 639 (PROPOSITION 41) Assembly - Ayes, 78; Noes, 0 -- Senate - Ayes, 36; Noes, 0
Popular Vote Results
Y:2,708,933; A:65.4; N:1,434,060; B:34.6
Bond Act (leg)
Code Sections Affected
Military and Veterans Code
"John A. Pérez, Speaker of the California Assembly Leon E. Panetta, Former United States Secretary of Defense Stephen Peck, President, U.S. VETS"
Rebuttal Against Author
"Ed Ford, State Commander, Veterans of Foreign Wars, California Department; Peter Cameron, Executive Director, Veterans Resource Center of America; Joseph Garcia, State Commander American Legion, Department of California"
VETERANS HOUSING AND HOMELESS PREVENTION BOND ACT OF 2014. California Proposition 41 (2014).