Thu, Oct 03
|Webinar
Proposition 5 (ACA 1) - 55% Vote to Approve GO Bonds
Proposition 5 (ACA 1) gives local governments a more realistic financing option to fund an increase in the supply of affordable housing, and to address the numerous local public infrastructure challenges cities, counties, and special districts are facing.
Time & Location
Oct 03, 2024, 1:00 PM – 2:00 PM
Webinar
About the event
Proposition 5 (ACA 1) proposes lowering the voter threshold for approving local general obligation (GO) bonds and special taxes for affordable housing and public infrastructure from a two-thirds supermajority to 55 percent. Prop. 5 empowers local voters to control funding for affordable housing and key infrastructure projects like roads, bridges, fire protection, and water systems. It shifts decision-making from the state to local communities, giving voters more tools and authority to address local needs.Â
This webinar is crucial for understanding Prop. 5's implications and preparing for its potential outcomes. By attending, you'll be equipped with strategies to quickly adapt and increase your agency's chances of passing funding measures early.