Santa Clara County may see another funding boost to build more affordable housing—if voters approve a bond measure in November.
On June 25, Gov. Gavin Newsom signed a $11.25 billion affordable housing bond measure that would provide funding for home ownership, permanent supportive housing and the preservation of affordable housing. The bond would break out $1.25 billion towards helping vets buy homes. The other $10 billion would go into various affordable housing and homeownership programs, including investments for farmworker housing, at-risk youth, homeless people and tribal communities.
If passed by voters, it could help more than 40,000 Californians with home buying assistance and the construction of tens of thousands of affordable homes…