SACRAMENTO (AP) — California state senators are proposing to spend more than $2 billion on permanent housing to help the nation’s largest homeless population.
Senate President Pro Tem Kevin de Leon estimates the housing bond proposed Monday would be enough to construct more than 10,000 housing units when it’s combined with other federal and local money.
The bond would be repaid with money from Proposition 63, the 2004 ballot measure that added a 1 percent tax on incomes over $1 million to pay for mental health treatment.
Senators from both political parties will negotiate the details with the Assembly and Gov. Jerry Brown before June.
Homelessness has become a growing issue across the state.
Backers say more than 100,000 people are homeless in California, more than a fifth of the nation’s homeless population.