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HomeMy WebLinkAboutCC Reso 2018-09 - Supporting Senate Bill No. 3 - Veterans and Affordable Housing Bond Act 2018 RESOLUTION NO. 2018-09 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH SUPPORTING SENTATE BILL NO. 3—VETERANS AND AFFORDABLE HOUSING BOND ACT 2018 WHEREAS, housing affordability is an urgent issue facing many communities in California, where a majority of renters (3 million households) pay 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 housing crisis is a contributing factor to homelessness in our communities; and WHEREAS, California's homeownership rates are at the lowest point since the 1940's; and WHEREAS, recent housing production levels are about half of pre-recession levels (roughly 200,000 per year) and are far short of the state's projected housing need for 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, federal spending has been on the decline in recent years; and WHEREAS, between 2003 and 2015, Community Development Block Grant (CDBG) and HOME funds allocated to California by the U.S. Department of Housing and Urban Development (HUD) to produce affordable housing units have declined by 51 percent and 66 percent respectively; and WHEREAS, last year the Legislature passed and Governor Brown signed SB 3 (Beall), which placed the $4 billion Veterans and Affordable Housing Bond Act on the November 6, 2018 general election ballot; and WHEREAS, the Veterans and Affordable Housing Bond Act will provide funding to support multifamily housing, higher density housing near transit, infill infrastructure, farmworker Dousing, first-time home buyer assistance, and veteran home loans. THEREFORE BE IT RESOLVED that the City of Ukiah hereby supports the Veterans and Affordable Housing Bond Act on the November 6, 2018, ballot to infuse much needed funding to support important affordable housing projects and spur housing construction statewide. THE FOREGOING RESOLUTION WAS ADOPTED at a regular meeting of the Ukiah City Council held on the 2111 day of March, 2018, by the following roll call vote: AYES: Coucilmembers Brown, Scalmanini, Crane, Mulheren, and Mayor Doble NOES: None ABSENT: None ABSTAIN:None Kevin "le, Nfayor ATTEST: Kristin awler, City Clerk