Prop. 1 would generate billions for new housing. Here’s how it would be spent
California needs to build a lot more housing. But to do that, it’s going to need a lot of money. Proposition 1 would enable the state to borrow $11.25 billion for housing, but where exactly would the money go if it passes? As CalMatters’ Marisa Kendall explains, Prop. 1 would fund housing for veter…
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