Proposed $900-million San Diego housing bond takes key step forward

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Proposed $900-million San Diego housing bond takes key step forward
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Rules committee votes 3-2 in favor of next step for measure that would increase property taxes

A San Diego committee took a preliminary step this week toward placing a $900-million housing bond on the November 2020 ballot.

Wednesday’s vote was a necessary legal step toward placing the bond measure before voters. It allows supporters to continue crafting the measure before asking the full council next June to officially put it on the November 2020 ballot. “At the end of the day, we’re not going to end homelessness unless we successfully house people,” Councilman Chris Ward said.

Supporters say evidence the bond is necessary includes city estimates that San Diego needs more than 5,400 additional housing units geared for homeless people.Councilman Mark Kersey, who voted no along with Councilman Chris Cate, said the subsidized housing units the bond would pay for are too expensive for him to be comfortable asking voters to pay higher property taxes.

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