Rally held to push for ballot measure for more affordable housing
SAN DIEGO (KUSI) – If San Diegans want to stop seeing people living in the street they will have to do something more to end homelessness. That was the message of those marching in the streets of Downtown, San Diego who were supporting more affordable housing at the cost of increased property taxes.
The advocacy group San Diego Housing Federation is calling on city leaders to put a bond measure on the 2020 ballot, a property tax that would raise both commercial and residential holdings by an addition 17 to 19 cents per $1,000 of assessed value.
Councilmember Chris Ward says, “if you have a $500,000 home, that might mean about a $90 impact per year on your property tax bill.” He continued, “What this bond measure will do is, lock box and dedicate it (the funds) for housing development.”
KUSI’s Sasha Foo is in Downtown with more on the story.