Prop 5: Make it easier to fund housing and other community projects

Local bonds – or money that our local governments borrow – help us fund critical solutions to problems that working-class communities and communities of color face. But the way state law is now, any new bond has to get support from two-thirds of voters. This makes it harder to secure this critical funding.

Prop 5 would bring this voting threshold down from 67% to 55%. Our cities and counties should have the tools we need to improve our neighborhoods and address community needs. If Prop 5 passes, it will be easier for local governments to borrow money to fund affordable housing and permanent supportive housing, public infrastructure projects to protect property from sea level rise, control floods, improve streets and highways, expand broadband internet access, and build more local hospitals, community parks, recreation facilities, and public libraries. We’re recommending a YES on Prop 5 so cities can utilize all the tools in their toolkits to give community members what we need to thrive.