HomeMy WebLinkAboutRESOLUTIONS - 01012002 - 2002-339 In the Matter of Endorsing the )
State Housing Bond on the )
November,2002 Ballot ) RESOLUTION NO.2002/339
WHEREAS, there is an extreme shortage of rental housing in California,particularly for lower income
renters, and one-half of all low-income renters.and three-quarters of all very low-income renters spend
more than 50% of their income for house;and
WHEREAS,nearly 500,000 households languish.on Section 8 waiting lists- and most wait more than three
years for their names'to`co up,,and;
WHEREAS,more than 360,000 Californians are homeless,according to the Department,of Housing and
p
Community f3evelo menta and
WHEREAS,morethan 70,000 federally funded affordable low-income rental units are at risk of conversion
to market rate units;and
,ki
WHEREAS,
California is second to last in the nation in hornownersh�p rates,axed .
WHEREAS,: the state housing bond will, according to the Departnierit of Hous ,ig, & Community
Development, create up to 22,000 permanently affordable homes for rent, enable more than 65,000
California families to purchase their own homes, provide housing assistance for 12,000.to 24,000 farm
worker families, and underwrite 20 million shelter bed days for homelesspeople;and
WHEREAS, the Bond will result in at least$6 billion in newly leveraged investment in California, for
example,atypical dollar of funding leverages between$3 and$4 dollars of private capital or federal funds;
and
WHEREAS,the combination of public and private investment will create approximately 26,002 full-time
jobs and generate$9:38 billion in wages,
NOW,THEREFORE.,BE IT RESOLVED that the Contra Costa County Board of Supervisors supports and
encourages Contra Costa County residents to vote for the State Housing Bond on November 5,2002.
PASSED by a unanimous vote of the Bold of Sup sora members present this 4th day of June 2002.
Jt'7HN CIOIA
` Chair ,
District I Supervisor
GAAU4r'UhXEMA DO .$A)GERBER
District II Supervisor DistrictMSupervppr
MARK DeSAULNIER FEDERAL D.GLOVER
District IV Supervisor District V Supervisor
I hereby that this is a true and comet
copy of an action taken and entered on the
minutes of the Board of Supervisors on the
date shown:
ATTESTED: June 4,2002
JOW SWEETEN, Clerk of the Board of
Supervisors and County Administrator
BY AtA, cc) l�
Introduced by Supervisor Donna Gerber