Sacramento, CA – The campaign to pass the $4 billion Veterans and Affordable Housing Bond Act of 2018, announced the measure has been endorsed by the California League of Conservation Voters, the non-partisan political action arm of California’s environmental movement.
"California’s housing affordability crisis is not only driving families into poverty and putting up roadblocks to our economic competitiveness, it’s also choking our environment by forcing workers into hours-long commutes on clogged freeways," said Carl Guardino, CEO of the Silicon Valley Leadership Group, a co-chair of the Veterans and Affordable Housing Act campaign, and a board member of the California League of Conservation Voters. "The Veterans and Affordable Housing Bond Act of 2018 helps put California on a sustainable course for our environment and our economy by investing in affordable homes near jobs and transit."
Governor Brown and California’s legislature put the Veterans and Affordable Housing Bond Act of 2018 on the November 2018 ballot as part of a multi-pronged strategy to address the crisis faced by one in three California families who can’t afford their rents. In the last 10 years, housing costs skyrocketed, demand for affordable housing surged, and homelessness rates swelled, and California voters are ready to take action, with more than 60% of likely voters already supportive of a housing bond.