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Proposition 1C Would Fund Non-Profit Housing, But Will Nonprofit Tenants Vote??
As San Francisco struggles with the affordable housing crisis, some help may be along the way this November. California’s Proposition 1C, the Housing and Emergency Shelter Trust Fund Act, is a $2.85 billion affordable housing bond that will pay for much-needed assistance including shelters for battered women, housing for low-income seniors, and, especially helpful in the Tenderloin, funds for non-profit supportive housing units. Californians passed another housing bond in 2002 that created 100,000 new units of housing statewide, but the funding source will be depleted by the end of 2007. If Prop 1C is not approved, it could spell disaster for many affordable housing programs locall
Naturally, non-profit housing providers are working hard to ensure Prop 1C’s passage. While non-profits cannot legally endorse candidates, they can endorse propositions – and all local non-profits are taking an active role in the campaign. “It’s key to resolving homelessness in the City,” said Ken Reggio, executive director of Episcopal Community Services. “We are soliciting and raising funds for the campaign,” said Don Falk, executive director of Tenderloin Neighborhood Development Corporation (TNDC). Many of these housing providers are hosting a fundraiser this week with State Senate President Don Perata that should raise significant funds for the statewide effort.
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http://www.beyondchron.org/news/index.php?itemid=3713#more
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http://www.beyondchron.org/news/index.php?itemid=3713#more
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