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2018 California Proposition 1
Proposition 1, also known as Prop 1 or Housing Programs and Veterans' Loans Bond, was a California ballot proposition which was intended to approve $4,000,000,000 in General obligation bond, general obligation bonds for projects related to housing and housing loans for veterans. It passed in the November 2018 California elections. The campaign in support of the proposition was run by Affordable Housing Now which was also known as Yes on Prop 1. Supporters of the proposition included Lieutenant Governor Gavin Newsom, State Senator Bill Dodd (California politician), Bill Dodd, the California Democratic Party, the California Hospital Association, California Forward, the California Labor Federation, United Farm Workers, the San Francisco Democratic Party and California Community Foundation. There were no major opposition efforts made towards the proposition. Results : References

{{reflist Ballot measures ...
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California Ballot Proposition
In California, a ballot proposition is a referendum or an initiative measure that is submitted to the electorate for a direct decision or direct vote (or plebiscite). If passed, it can alter one or more of the articles of the Constitution of California, one or more of the 29 California Codes, or another law in the California Statutes by clarifying current or adding statute(s) or removing current statute(s). Measures can be placed on the ballot either by the California State Legislature or via a petition signed by registered voters. The state legislature can place a state constitutional amendment or a proposed law change on the ballot as a referendum to be approved by voters. Under the state constitution, certain proposed changes to state laws may require mandatory referendums, and must be approved by voters before they can take effect. A measure placed on the ballot via petition can either be a vote to veto a law that has been adopted by the legislature (an optional referendum o ...
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General Obligation Bond
A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally-available resources, including tax revenues, to repay bondholders. Most general obligation pledges at the local government level include a pledge to levy a property tax to meet debt service requirements, and holders of general obligation bonds then have a right to compel the borrowing government to levy that tax to satisfy the local government's obligation. Because property owners are usually reluctant to risk losing their holding from unpaid property tax bills, credit rating agencies often consider a general obligation pledge to have very strong credit quality and frequently assign them investment grade ratings. If local property owners do not pay their property taxes on time in any given year, a government entity is required to increase its property tax rate by as much as is legally allowable in a following year to make up for any ...
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2018 California Elections
California state elections in 2018 were held on Tuesday, November 6, 2018, with the primary elections being held on June 5, 2018. Voters elected one member to the United States Senate, 53 members to the United States House of Representatives, all eight state constitutional offices, all four members to the Board of Equalization, 20 members to the California State Senate, and all 80 members to the California State Assembly, among other elected offices. Pursuant to Proposition 14 passed in 2010, California uses a nonpartisan blanket primary. All the candidates for the same elected office, regardless of respective political party, run against each other at once during the primary. The candidates receiving the most and second-most votes in the primary election then become the contestants in the general election. United States Congress Senate Incumbent Democrat Dianne Feinstein won re-election. House of Representatives Statewide const ...
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Gavin Newsom
Gavin Christopher Newsom (born October 10, 1967) is an American politician and businessman who has been the 40th governor of California since 2019. A member of the Democratic Party, he served as the 49th lieutenant governor of California from 2011 to 2019 and the 42nd mayor of San Francisco from 2004 to 2011. Newsom attended Redwood High School and graduated from Santa Clara University. After graduation, he founded the PlumpJack wine store with billionaire heir and family friend, Gordon Getty, as an investor. The PlumpJack Group grew to manage 23 businesses, including wineries, restaurants and hotels. Newsom began his political career in 1996, when San Francisco mayor Willie Brown appointed him to the city's Parking and Traffic Commission. Brown appointed Newsom to fill a vacancy on the Board of Supervisors the next year and Newsom was elected to the board in 1998, 2000 and 2002. In 2003, at age 36, Newsom was elected the 42nd mayor of San Francisco, the city's young ...
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Bill Dodd (California Politician)
William Harold Dodd (born June 10, 1956) is an American politician who is currently serving in the California State Senate. He is a Democrat representing the 3rd Senate District, which encompasses the northern San Francisco Bay Area and Delta region. Prior to his election to the State Senate, Dodd served in the California State Assembly representing the 4th Assembly District, which includes all or portions of Yolo, Napa, Sonoma, Lake, Solano, and Colusa Counties. Before serving in the Assembly, he served on the Napa County Board of Supervisors. Business career Prior to his time in elected office, Dodd was President and CEO of Diversified Water Systems, Inc. In 1978, Dodd earned a degree in Business Management from California State University, Chico. During his time in the water industry, Dodd was active in the water quality industry's state and national trade associations. In 1985 he was elected President of the Pacific Water Quality Association and in 1994, elected to ...
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California Democratic Party
The California Democratic Party is the affiliate of the Democratic Party in the U.S. state of California. It is headquartered in Sacramento. With 43.5% of the state's registered voters as of 2018, the Democratic Party has the highest number of registrants of any political party in California. It is currently the dominant party in the state, and is one of the strongest affiliates of the national Democratic Party. The party currently controls the majority of California's U.S. House seats, both U.S. Senate seats, the governorship, and has supermajorities in both houses of the state legislature. History 1850s Since the beginning of the 1850s, issues regarding slavery had effectively split the California Democratic Party. By the 1853 general election campaign, large majorities of pro-slavery Democrats from Southern California, calling themselves the Chivalry (later branded as Lecompton Democrats), threatened to divide the state in half, should the state not accept slavery. ...
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United Farm Workers
The United Farm Workers of America, or more commonly just United Farm Workers (UFW), is a labor union for farmworkers in the United States. It originated from the merger of two workers' rights organizations, the Agricultural Workers Organizing Committee (AWOC) led by organizer Larry Itliong, and the National Farm Workers Association (NFWA) led by César Chávez and Dolores Huerta. They became allied and transformed from workers' rights organizations into a union as a result of a series of strikes in 1965, when the mostly Filipino American, Filipino farmworkers of the AWOC in Delano, California, Delano, California, Delano grape strike, initiated a grape strike, and the NFWA went on strike in support. As a result of the commonality in goals and methods, the NFWA and the AWOC formed the United Farm Workers Organizing Committee on August 22, 1966. This organization was accepted into the AFL–CIO in 1972 and changed its name to the United Farm Workers Union. History Founding of th ...
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California Community Foundation
The California Community Foundation (CCF) is a philanthropic organization located in Los Angeles, California. Foundation Center, an independent nonprofit organization, ranks it among the top 100 foundations in the nation by asset size and total giving. Among all community foundations, CCF is 5th by total giving and 7th by asset size, as of the fiscal year that ended 6/30/12. Mission and philanthropic empowerment CCF is public, charitable organization dedicated to strengthening communities of Los Angeles County through effective philanthropy and civic engagement. It fulfills its mission through fundraising, charitable fund management, grantmaking, and meetings with donors, financial advisors, local nonprofits and foundation partners. It also serves as an advocate for the vulnerable and poor. History 1915 – CCF is established by Joseph Sartori and managed by Security Trust and Savings Bank in Los Angeles. For the next 65 years, the community foundation stays relatively ...
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