Measure H: Affordable Housing General Obligation Bonds

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It takes a salary of $100,000 to buy a median-priced home in Los Angeles and supporters of Measure H say that's out of reach for teachers, construction workers and nurses.  Measure H would permit the city to issue $1 billion in bonds to provide 10,000 new homes and rental units from the Affordable Housing Trust Fund.  Is Measure H a $1 billion gift to developers?




Warren Olney