Sacramento, CA – The State Building and Construction Trades Council (SBCTC) has formally endorsed the $4 billion Veterans and Affordable Housing Bond Act of 2018.

"The $4 billion Veterans and Affordable Housing Bond is designed to help the blue-collar, working middle class who don’t qualify for housing assistance," said Robbie Hunter, President of SBCTC. "It tackles top priorities for Californians and for our members – building homes for hard working families, creating jobs statewide and boosting the economy. With the bond expected to create thousands of jobs and pump $23.4 billion into California’s economy, supporting this measure and working to see it get passed in November is how we can be leaders in easing the housing crisis and help construction workers and their families be able to afford the homes they build."

This bond is designed to help the blue-collar working middle class who don’t qualify for housing assistance. And of course, the wealthy don’t need assistance.

Governor Brown and California’s Legislature put the Veterans and Affordable Housing Bond Act of 2018 on the November 2018 ballot as part of a multi-pronged strategy to address the crisis faced by one in three California families who can’t afford their rents. In the last 10 years, housing costs skyrocketed, demand for affordable housing surged, and homelessness rates swelled. California voters are ready to take action, with more than 60% of likely voters already supportive of a housing bond.