Los Angeles Proposition H

Posted by Christopher Smith Mon, 06 Nov 2006 09:46:00 GMT

Last, but certainly not least, Proposition H. This is probably the most significant item on the ballot, including all the statewide measures and any elected officials. I would encourage everyone to study this one in detail and spend some time meditating on the matter.

UPDATE: I forgot to mention that there is another $150 million in the proposition that is “allocated to programs A and B [the rent control subsidies] in accordance with a Two-Yeark Work Program policies and guidelines”. That’s pretty much the entire description of what happens with that money. If it sounds like they just padded the bill to get to a round $1 billion, you might be on to something.

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