Proposition HHH would authorize the city to issue general obligation bonds in the amount of $1.2 billion to develop housing and facilities for the homeless and affordable housing for the those at risk of homelessness, including temporary shelters, showers, storage facilities and facilities to be used to provide supportive services.
Supporters say HHH is a common-sense, cost-effective approach to solving the problem of growing homelessness, increasing encampments and at-risk populations of homeless women and children, seniors and veterans. It will provide the resources we need to reduce the number of people living on our streets, build more supportive housing, and facilitate access to necessary services.
Opponents say HHH is an unnecessary and unfair tax that would not be levied equally on all property owners. Recent homeowners would pay much more, while renters, even wealthy ones, would pay nothing. The bond can only be used for land and buildings and not for operating homeless shelters, mental health or substance abuse treatment or extra policing.