City Proposes $1.2 billion Bond to House the Homeless

City Proposes $1.2 billion Bond to House the Homeless

The latest Homeless Count found more than 26,000 homeless residents in the City of Los Angeles, a number that has grown steadily in recent years. Councilmember Huizar was one of the chief architects in putting the City's Proposition HHH on the November 8, 2016, ballot. Prop. HHH is the “Homelessness Reduction and Prevention, Housing and Facilities Bond,”  a $1.2 billion bond measure.

If approved by voters, Prop HHH will help finance Supportive Housing for the full range of the City’s homeless residents, including women and children, veterans, seniors, foster youth, and the disabled. 

The Comprehensive Homeless Strategy adopted by the City in February 2016 identified a need to create about 10,000 Supportive Housing units, which “represents the highest need the City is facing relative to the housing gap for LA’s homeless.”

Prop. HHH would fund the development of housing and facilities for the homeless and affordable housing for those at risk of homelessness, namely:

Supportive Housing for individuals and families who are homeless or chronically homeless and extremely- or very- low income. This housing includes facilities from which assistance and services, such as mental health treatment, health care, drug and alcohol treatment, education and job training, may be provided by the City, other public entities, non-profit entities and/or private entities; temporary shelter facilities, storage facilities, shower facilities and other facilities to provide supportive services or goods to, or otherwise benefit, those who are homeless, chronically homeless or at risk of homelessness; affordable housing including veterans housing, for individuals and families who are extremely- or very- low income or low income, including individuals and families who are not currently homeless but are at risk of homelessness; provided, however, that not more than 20% of general obligation bond proceeds shall be used for such purposes.

How would Prop HHH be implemented?

Bonds will be issued and expended in accordance with an annual allocation plan. Proceeds will pay for costs associated with acquiring and improving real properties. Bond proceeds will not be used to finance services or operations, and will not be used to replace existing sources of funds dedicated to develop similar supportive and affordable housing or facilities that provide homeless services.

This measure will require: 

Preparation of an annual plan that prioritizes funding for supportive housing and facilities and the necessary bond issuance to finance those developments; Establishment of Citizens Oversight and Administrative Oversight Committees to monitor the bond program; and Annual financial audits which will be available to the public

Find text of the actual bond resolution, ordinance and impartial summary here

Visit the City Clerk's election site here 

City Proposes $1.2 billion Bond to House the Homeless

The latest Homeless Count found more than 26,000 homeless residents in the City of Los Angeles, a number that has grown steadily in recent years. Councilmember Huizar was one of the chief architects in putting the City's Proposition HHH on the November 8, 2016, ballot. Prop. HHH is the “Homelessness Reduction and Prevention, Housing and Facilities Bond,”  a $1.2 billion bond measure.

If approved by voters, Prop HHH will help finance Supportive Housing for the full range of the City’s homeless residents, including women and children, veterans, seniors, foster youth, and the disabled. 

The Comprehensive Homeless Strategy adopted by the City in February 2016 identified a need to create about 10,000 Supportive Housing units, which “represents the highest need the City is facing relative to the housing gap for LA’s homeless.”

Prop. HHH would fund the development of housing and facilities for the homeless and affordable housing for those at risk of homelessness, namely:

Supportive Housing for individuals and families who are homeless or chronically homeless and extremely- or very- low income. This housing includes facilities from which assistance and services, such as mental health treatment, health care, drug and alcohol treatment, education and job training, may be provided by the City, other public entities, non-profit entities and/or private entities; temporary shelter facilities, storage facilities, shower facilities and other facilities to provide supportive services or goods to, or otherwise benefit, those who are homeless, chronically homeless or at risk of homelessness; affordable housing including veterans housing, for individuals and families who are extremely- or very- low income or low income, including individuals and families who are not currently homeless but are at risk of homelessness; provided, however, that not more than 20% of general obligation bond proceeds shall be used for such purposes.

How would Prop HHH be implemented?

Bonds will be issued and expended in accordance with an annual allocation plan. Proceeds will pay for costs associated with acquiring and improving real properties. Bond proceeds will not be used to finance services or operations, and will not be used to replace existing sources of funds dedicated to develop similar supportive and affordable housing or facilities that provide homeless services.

This measure will require: 

Preparation of an annual plan that prioritizes funding for supportive housing and facilities and the necessary bond issuance to finance those developments; Establishment of Citizens Oversight and Administrative Oversight Committees to monitor the bond program; and Annual financial audits which will be available to the public

Find text of the actual bond resolution, ordinance and impartial summary here

Visit the City Clerk's election site here 

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