California Online Voter Guide

November 2006 General Election
14th Edition

Proposition 1C: Housing and Emergency Shelter Trust Fund Act of 2006. Legislative Bond Act. Passed

Summary

• Funds may be used for the purpose of providing shelters for battered women and their children, clean and safe housing for low-income senior citizens; homeownership assistance for the disabled, military veterans, and working families; and repairs and accessibility improvements to apartment for families and disabled citizens.

• The state shall issue bonds totaling two billion eight hundred fifty million dollars ($2,850,000,000) paid from existing state funds at an average annual cost of two hundred and four million dollars ($204,000,000) per year over the 30 year life of the bonds.

• Requires reporting and publication of annual independent audited reports showing use of funds, and limits administration and overhead costs.

• Appropriates money from the General Fund to pay off bonds.

• Fiscal Impact: State cost of about $6.1 billion over 30 years to pay off both the principal ($2.85 billion) and interest costs ($3.3 billion) on the bonds. Payments of about $204 million per year. Full Text of Proposition (PDF)

Official Campaign Web Sites and Contact Information

• Yes on Proposition 1C

  Homes 4 California
  801 12th Street, Suite 512, Sacramento, CA 95814
  (916) 447-0503

• No on Proposition 1C
  (no campaign address or phone number available)

Who Signed the Ballot Arguments

• Yes on Proposition 1C
  
  Cheryl Keenan, Executive Director, San Diego Habitat for Humanity
  Marivic Mabanag, Executive Director, California Partnership to End Domestic Violence
  Tom Porter, State Director, AARP

• No on Proposition 1C
  
  Assemblyman Chuck DeVore, Member, California state Assembly

Follow the Money

Detailed information about all contributors for and against Prop. 1C is available from campaign finance reports at Cal-Access, the Secretary of State's campaign disclosure web site. To view the most recent contributions, select a committee and click "Late and $5000+ Contributions Received".

News Stories about the Propositions

CVF's News Stories section provides California voters with convenient access to a sampling of news articles that give an overview of the potential impact of each proposition on the ballot.

For More Information, CVF Recommends...

The California Secretary of State publishes the Official Voter Information Guide which features detailed information on Proposition 1C, including the Legislative Analyst's nonpartisan analysis and official pro/con arguments from proponents and opponents.

Other good nonpartisan resources include: the League of Women Voters of California's Pros and Cons and In Depth Nonpartisan Analysis; Next Ten's November 2006 Election and Infrastructure; the Easy Voter Guide; and Around the Capitol's Election Track, featuring up-to-date campaign contribution data.

Was this guide helpful?

We are interested in hearing your feedback about CVF's California Online Voter Guide. If you have suggestions, complaints, requests, or questions, please contact us. If you found this guide helpful, please consider making a contribution to help support CVF's nonpartisan voter education work.

 

 

Proposition 1A Proposition 1B Proposition 1C Proposition 1D Proposition 1E Proposition 83 Proposition 84 Proposition 85 Proposition 86 Proposition 87 Proposition 88 Proposition 89 Proposition 90

This page was first published on September 12, 2006 | Last updated on June 21, 2007
Copyright California Voter Foundation, All Rights Reserved.