Employee Relations update 2/21/2014
CSAC Takes Support Position on Proposition 41
The CSAC Board of Directors yesterday voted to approve a position of “support” on Proposition 41, the June 2014 ballot measure that would enact the Veterans Housing and Homeless Prevention Bond Act of 2014 (Act). Counties will recall that CSAC supported Assembly Bill 639, by Assembly Speaker John A. Perez, which placed the Act on the ballot.
Voters approved the Veterans’ Bond Act of 2008, which provided $900 million in general obligation bonds to fund a program that enables veterans to purchase single family homes, farms and mobile homes. Since its passage, the full $900 million remains unspent. Proposition 41 restructures $600 million of the existing bonds to construct and rehabilitate multifamily veterans’ housing with a focus on veterans who are at risk of homelessness or are homeless and in need of services such as mental health counseling, substance abuse treatment, job training and who are struggling with unemployment.