Local housing advocates discuss the impact Prop 1 could bring to San Diego region – 10News.com

Local housing advocates discuss the impact Prop 1 could bring to San Diego region  10News.com

SAN DIEGO (KGTV) – We're getting a better idea of what California measures and propositions are on the verge of passing following election night for the 2026 midterms, including Proposition 1.Proposition 1 is meant to bring more affordable housing funding here to the Golden State.“Prop 1 is a statewide bond measure that'll produce $11.25 billion for production of housing in the state of California, “Stephen Russell, President & CEO of San Diego Housing Federation, said. “It will include a number of different pots of money for, for, for veterans, for homeowners, for just a whole variety of folks.”Prop 1 received a fairly strong yes vote with a near 60-40 vote

split in favor of the ballot item.“Based on traditional trends, out of the $11.25 billion for the state, we'd expect to see almost a billion dollars of that here in San Diego over the lifetime of the bond,” Russell said.Russell says the money on Prop 1, depending on how it’s divvied up, could help create around 4,000 affordable housing units in San Diego County.“When you look at traditionally, we've received, we are about 1/8 of the population of the state of California, so statewide programs, our fair share, if you will, would typically be about a billion,” Russell said.ABC 10News also spoke with PATH, a local homeless resource group, about