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Prop 1

Loans for Veterans and Housing Programs

Would provide $4 billion to pay for housing programs for first-time homeowners, veterans, farm workers and low to moderate income families.

Financial Impact

Would cost the state $170 million every year over the next 35 years to pay back investors.

Yes

A YES vote would give the state permission to raise $4 billion from investors to pay for housing for veterans, farm workers and families.

No

A NO vote would not allow state officials to raise $4 billion from investors to pay for housing for veterans, farm workers and families.