Track the money for Prop 5: Contributions for and against housing and infrastructure bonds

Supporters of Proposition 5 argue that reducing the vote threshold for local bond measures from two-thirds to 55% will facilitate more readily public financing for essential projects, enhancing housing affordability and necessary infrastructure.

Opponents fear that Proposition 5 will escalate government expenditures, potentially leading to increased taxes; they contend that easing the voting requirement undermines fiscal discipline and accountability in public spending.

Real estate stakeholders are actively opposing Proposition 5 and Proposition 33, forming coalitions to finance and campaign against measures they perceive as harmful to their economic interests and to taxpayers.

Major financial backers supporting Proposition 5 include the Chan Zuckerberg Initiative and the Non-Profit Housing Association of Northern California, each contributing $2.5 million to champion the cause for affordable housing.

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