Prop 5 less “yes” for more bonds
Proposition 5 Proposition 5 lowers the approval level for local government bonds if their purpose is affordable housing for low- and middle-income residents, or for public infrastructure including roads, water, and fire protection bonds. Currently approval requires a “Yes” vote from, at least, two-thirds of the ballots cast. Prop 5 lowers approval to 55%. Prop…


