HomeMy WebLinkAbout24486RESOLUTION NO. 24486
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, SUPPORTING THE
VETERANS AND AFFORDABLE HOUSING BOND ACT OF
2018.
WHEREAS, housing affordability is an urgent issue facing families and
communities across California, and the cost of housing means many people and families
can't afford other basics like food and transportation; and
WHEREAS, addressing California's lack of affordable housing must be an urgent
priority at a time when more than half of California households that rent (more than 3
million) spend more than 30 percent of their income toward rent and nearly one-third (over
1.5 million households) spend more than 50 percent of their income on rent; and
WHEREAS, the devastation of the housing crisis is evident by the homelessness
in our communities; and
WHEREAS, California's homeownership rates are at the lowest point since the
1940s and recent housing production levels are far short of the state's projected housing
need of 180,000 new homes per year; and
WHEREAS, the proceeds from the 2006 housing bond that helped create and
preserve affordable apartments, urban infill infrastructure, and single-family homes have
been expended; and
WHEREAS, even though federal funding for affordable housing comprises a
significant portion of California's resources to support affordable housing, with a decline
of 51 and 66 percent, respectively, in funds allocated to California by the crucial funds
from the U.S. Department of Housing and Urban Development's Community
Development Block Grant (CDBG) and HOME programs; and
WHEREAS, last year the Legislature passed, and Governor Brown signed SB 3
(Beall), that placed the $4 billion Veterans and Affordable Housing Act on the November
6, 2018 general election ballot; and
WHEREAS, the Veterans and Affordable Housing Act dedicates funding to help
military veterans have a safe place to call home, provides stable housing for struggling
families, people experiencing homelessness and individuals with disabilities; and
WHEREAS, the Veterans and Affordable Housing Act builds affordable homes for
hard-working people, enabling them to live in the communities where they work and near
transit to reduce long commutes and curb pollution; and
Resolution No. 24486
Page 2
WHEREAS , the Veterans and Affordable Housing Act invests in Cal ifornians '
priorities: building homes, creating jobs and boosting the economy; the initiative is
expected to create 137,000 jobs and pump $23.4 billion into California 's economy.
NOW, THEREFORE THE CITY COUNCIL DETERMINES , RESOLVES AND
APPROVES AS FOLLOWS:
SECTION 1 . The City of Palm Springs hereby supports the Veterans and
Affordable Housing Bond Act of 2018 on the November 6 , 2018 ballot to infuse much
needed funding to support important affordable housing projects and spur housing
construction statewide; and
SECTION 2. The City of Palm Springs supports and can be listed as a member of
the Veterans and Affordable Housing Act coalition.
PASSED , APPROVED AND ADOPTED BY THE PALM SPRINGS CITY
COUNCIL THIS 20TH DAY OF SEPTEMBER , 2018.
~~ David H. Ready , ES ~
City Manager
ATIEST:
Resolution No. 24486
Page 3
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF PALM SPRINGS)_
CERTIFICATION
I, ANTHONY J. MEJIA, City Clerk of the City of Palm Springs, he reby certify that
Resolution No. 24486 is a full , true and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on the 201h day of September,
2018 , by the following vote:
AYES:
NOES :
ABSENT:
ABSTAIN :
Coun c ilmembers Holstege , Kors , Middleton , Mayor ProTem Roberts , and
Mayor Moon
None
None
None
IN WITNESS WHEREOF, I have hereunto set my hand and affi x ed the official se a l
of the City of Palm Springs , California , this \.:>-h. day of Dcto \i~ , 2.D 1~-t,