Proposition 5: Who's donating money for, against housing bonds - Los Angeles Times
Advertisement

Track the money for Prop 5: Contributions for and against housing and infrastructure bonds

vector illustration of city building and a gear
(Los Angeles Times)
Share via
  • The Times is tracking spending on all statewide ballot measures. This page will be updated weekly.
  • Real estate interests are opposing the measure along with Proposition 33.

Proposition 5 would lower the vote threshold needed to pass local bond measures for affordable housing, transportation, parks and other infrastructure.

Supporters contend that changing the required majority from two-thirds to 55% will make it easier for voters to approve government financing for needed housing and other public projects. Groups opposing the measure argue it will lead to increased government spending and result in higher taxes. Real estate interests are opposing the measure along with rent control measure, Proposition 33.

Overall fundraising

Cumulative contributions

Real estate interests are leading the opposition to California’s Proposition 33 which would allow cities and counties to dramatically expand rent control.

Sept. 27, 2024

Biggest supporters

The Non-Profit Housing Association of Northern California has given nearly $4.8 million in support. The Chan Zuckerberg Initiative has contributed $7 million.

Advertisement

Proposition 5 will lower the voter threshold required to pass local affordable housing and transportation bond measures.

July 5, 2024

Biggest opposition

The California Business Roundtable has contributed more than $1.5 million in opposition. Other large donations have come from property management and real estate investment groups.

Times housing affordability reporter Liam Dillon contributed to this report.

Advertisement