On Tuesday, California voters rejected Proposition 33, a statewide ballot measure that aimed to strengthen rent control laws in the state. The measure would have overturned the Costa-Hawkins law, which prohibits localities from capping rent on vacant units and newer apartments and homes. According to the Associated Press, Prop 33 was declared defeated late Tuesday night.
The Los Angeles Times reported that Prop 33 was proposed by the AIDS Healthcare Foundation (AHF), which had previously funded two similar initiatives that were also rejected due to opposition from the real estate industry. The industry argued that these measures would hinder housing construction and worsen affordability issues.
Leading up to Election Day on November 5th, the California Apartment Association (CAA) campaigned against Prop 33 for several months. In a fact sheet posted on their website, CAA pointed out that this measure would override over one hundred state housing laws while giving local governments too much power over affordable housing development without providing funding or requiring its construction.
In response to Wednesday’s defeat of Prop 33 at polls across California , CAA released a statement noting support for their stance against it from major newspapers and organizations such as Gov. Gavin Newsom and San Diego Mayor Todd Gloria who both came out against it as well as others like NAACP California/Hawaii State Conference and California Council for Affordable Housing.
Accordingly , CAA expressed its commitment towards working with state officials in addressing current challenges within Californian’s housing market ensuring accessibility remains intact while remaining affordable among all residents .
Additionally , another proposition sponsored by CAA called Proposition34 appeared likely approved according early morning results . This particular proposition will require federal drug discount program participants including AHF utilize funds generated through said program solely towards patient care rather than unrelated expenditures .
Tom Bannon CEO of CAAsaid “For years corporations have misused billions meant specifically taxpayers’ dollars intended patients fund pet projects wasting money luxury condos naming rights sports stadiums political campaigns” . He went on to say “Millions California voters have taken action close loophole allows abuse” and that “Our state has taken a stand against blatant misuse public dollars voted ensure these healthcare dollars are used protect patients provide care”.
In conclusion, Proposition 33 was rejected by California voters on Tuesday. The measure aimed to strengthen rent control laws but faced opposition from the real estate industry. The defeat of Prop 33 was celebrated by CAA, who had campaigned against it for months and expressed their commitment towards working with state officials in addressing housing challenges while also sponsoring another proposition, Proposition34 which appeared likely approved as of Wednesday morning. This would require federal drug discount program participants to use funds solely for patient care rather than unrelated expenditures.
