Sign Up For Novogradac Industry Alert Emails

California Assembly Passes Bill to Place Measure for Bonds on State Ballot

Monday, April 8, 2002 - 7:00AM

The California Assembly last week passed Senate Bill 1227 to place a measure on the November ballot to authorize the issuance of $2 billion in bonds for various housing programs, including $910 million for the Department of Housing and Community Development’s multifamily housing program. SB 1227 was passed by the Senate in June 2001, and now must be signed by Gov. Gray Davis before it can be included on the ballot.

Learn more about Novogradac's expertise and many services