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Agenda Item

13 22-0567 Subject: Place An Affordable Housing Infrastructure Bond On The November 2022 Ballot From: Finance Department Recommendation: Adopt A Resolution On The City Council's Own Motion Submitting To The Voters At The November 8, 2022, General Municipal Election, A Proposed Ordinance To Authorize Issuance Of $850 Million In General Obligation Bonds To Fund Affordable Housing And Housing Preservation Projects, Transportation Projects, And Various City Infrastructure; And Directing The City Clerk To Fix The Date For Submission Of Arguments And Provide For Notice And Publication, And Take Any And All Actions Necessary Under Law To Submit This Measure To The Voters At The November 8, 2022 General Municipal Election

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    Robin Walker, Revered over 2 years ago

    Not until the proposal clearly defines what "Affordable" means. 50%60%80%120% are there any deeply affordable =0-30%