Prop 34 would require California healthcare providers who meet specific criteria to spend at least 98% of profits from drug sale revenue on direct patient care. It appears only one organization would meet the criteria required to abide by the measure: The AIDS Healthcare Foundation.
This measure, backed by the real estate industry, is a veiled attack on the AIDS Healthcare Foundation who has put a lot of money into supporting rent control efforts in recent years. Meant to deceive voters under the guise of being about healthcare, Prop 34 will prevent the AIDS Foundation from having funding to put forward rent control measures in the future.
Don’t fall for this tricky anti-tenant measure, vote NO on Prop 34.