What this proposition does: This proposition allows the state to take out $2 billion in bonds to fund a housing program called “No Place Like Home” for people with mental illnesses. The bonds would be repaid by diverting money collected through an already-existing 1 percent tax on annual income above $1 million. That money is currently earmarked for county mental health services; the proposition allows lawmakers to take some of that money to pay off the bonds. What supporters say: Proponents claim the money is needed to fund the “No Place Like Home” program, which would see the creation of around 20000 permanent housing structures for the mentally ill. Proponents say the program would also offer mental health and substance abuse services, medical care, education and job training. Supporters say there would be no increase in taxes as a result of this initiative because the money is already there; instead, the measure would allow lawmakers to spend money that it was already going to spend on different initiatives that have the same underlying goal. What opponents say: Opponents claim diverting money would unfairly burden counties with paying off interest, developer subsidies and administrative expenses. Opponents say the voter initiative that allowed the state to collect a tax on sizable incomes already provides adequate mental health services at a county level, and that county mental health programs better serve constituents afflicted with mental illness. Opponents claim that the initiative could create more homelessness, not less, because money would be diverted from county programs to subsidize housing projects. What a YES vote means: A YES vote 6 means a voter wants to authorize the state to divert money earmarked for county programs and spend it on the repayment of bonds that fund the “No Place Like Home” housing program. What a NO vote means: A NO vote means a voter does not want to give the state the authority to divert money earmarked for county programs for the repayment of bonds through the “No Place Like Home” housing program. Official ballot title: “Authorizes Bonds to Fund Existing Housing Program for Individuals With Mental Illness. Legislative Statute.”]]>
Election 2018: Proposition 2 – Housing and Mental Health
Allows the state to take out $2 billion in bonds to fund a housing program called “No Place Like Home” for people with mental illnesses.