Stephen Russell Russell: “Wages have grown so much slower than increased rents, and for folks on a fixed income, it’s brutal out there.”

SAN DIEGO—If successful in November 2018, a $900-million housing bond could provide as many as 2,500 units of permanent supportive housing for people currently living on the streets, San Diego Housing Federation‘s executive director Stephen Russell tells GlobeSt.com. According to the organization, a new poll conducted by EMC Research shows that a strong majority of City of San Diego voters support a general-obligation bond to provide housing for homeless individuals and low-income families, seniors, veterans, and people living with disabilities.

In the poll which surveyed 600 voters in the City of San Diego between November 1 and 6 and has a margin of error of +/- 4%, 73% of likely voters stated that they would support a measure authorizing $900 million in bonds for the creation of affordable housing. Also, nearly 90% of voters support providing affordable rental homes for low-income families, seniors, veterans, and the disabled. Voters showed similarly strong support for providing 3,000 homes for those experiencing homelessness.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.