Bill > SF4022

This bill proposes a constitutional amendment to increase the sales tax rate by three-eighths of one percent and dedicate the receipts to three new funds: the homeownership opportunity fund, the rental opportunity fund, and the community and household stability fund. The homeownership opportunity fund would assist in the creation, purchase, and rehabilitation of homes for owner occupancy. The rental opportunity fund would fund rental assistance, supportive services for renters, and the acquisition or development of rental housing. The community and household stability fund would provide emergency assistance, legal services, and other support for individuals who are homeless or at risk of homelessness or displacement. The bill also creates councils to advise on the administration and implementation of these funds.