SACRAMENTO, Calif.--(BUSINESS WIRE)--Governor Newsom today announced his opposition to Proposition 21, the housing freeze initiative on the November ballot.
“In the past year, California has passed a historic version of statewide rent control – the nation’s strongest rent caps and renter protections in the nation – as well as short-term eviction relief,” Newsom said. “But Proposition 21, like Proposition 10 before it, runs the all-too-real risk of discouraging availability of affordable housing in our state.”
Tom Bannon, CEO of the California Apartment Association, applauded the Governor’s opposition.
“We appreciate that Governor Newsom is joining the broad coalition of veterans, affordable housing advocates, labor, civil rights groups and other opponents to a once-rejected ballot measure that will worsen California’s affordable housing crisis.”
Ad paid for by No on Prop 21: Californians for Responsible Housing, a coalition of seniors, veterans, affordable housing advocates, labor & social justice organizations, sponsored by California Apartment Association. |
Committee major funding from: |
Essex Property Trust and Affiliated Entities |
Equity Residential |
AvalonBay Communities |
Funding details at: http://www.fppc.ca.gov |
