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AirTalk debates 2018 ballot initiatives: Prop 1, the housing programs and veterans' loans bond




House for rent in Los Angeles, CA.
House for rent in Los Angeles, CA.
Justin Sullivan/Getty Images

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Twelve propositions have earned a spot on the November ballot, where Californians will consider a host of changes.

Among the measures certified is Proposition 1. A yes vote on Prop 1 would allow the state of California to issue $4 billion in bonds for existing affordable housing programs for low-income residents, veterans and farmworkers. Millions would go toward grants to support forgivable loans for mortgage assistance, farm workers and pilot programs to help solve the housing crisis.

But opponents are raising concerns over spending more money on bonds. If passed, the state would need to repay $170 million a year over the next 35 years. Supporters say that the measure would help families in California, who are struggling to find affordable homes. They argue that this is a debt worth having. We debate. 

Ready for Election Day? Get up to speed on what you need to know with our Voter Game Plan at elections.laist.com. Read up on the candidates and ballot measures, find out about registration deadlines or ask us your questions.

Guests:

Robin Hughes, president and CEO of Abode Communities, a nonprofit affordable housing provider based in Los Angeles which supports Proposition 1

David Wolfe, legislative director at Howard Jarvis Taxpayers Association, which has no official position on Proposition 1