Councilmember Curren Price introduced a resolution Wednesday urging the Los Angeles City Council to support the needs of veterans throughout the city and state, by supporting Proposition 41.
The Veterans Housing and Homeless Prevention Bond Act of 2014 would allow California to see $600 million in new general obligation bonds which would be used to build more affordable and transitional housing for low income veterans, many of whom are struggling with physical injuries, post-traumatic stress disorder and other mental issues as a result of their service. California voters will have the chance to support Proposition 41 in the June 2014 election.
“We often say that we support our troops but this ballot gives us an opportunity to really them how grateful we are for their sacrifices,” said Councilman Curren Price.
“California has one of the highest concentration of homeless veterans in the nation with Los Angeles being home to a large number of them – and that number is expected to grow substantially with the wars in Iraq and Afghanistan winding down. This policy could not be proposed at a better time, it is the right thing to do and it deserves our strong support.”
Authored by Assembly Speaker John A. Perez, the proposition would not raise taxes, using existing state tax revenues instead to repay the bonds.
Currently 25 percent of the nation’s homeless veterans reside in California – almost 2 million – and over 200,000 of our veterans are living in poverty.