The problem with this ballot proposition is the same problem with many propositions that you hear about: Voters think they are getting "one thing"; then we find later that the City politicians ended up using the money for something else!
And they alway use good sounding, compassionate causes to try and persuade you into a "yes" vote.
This time they are using the issue of "affordable housing" to try and persuade you into a "yes" vote. Leading you to believe this is needed to provide affordable housing for working families.
However, according to Mayor Villaraigosa's memo to City Council relating to this vote, it says, ""Most notably, the city's projects will not be able to apply for their fair share of funds available through voter-approved $1.2 billion Prop 1C -- Housing and Emergency Shelter Trust Fund."
Voters expected this "Housing and Emergency Shelter" money to be used for "battered women and their children" and to help provide housing for the elderly and disabled.
However, LA Weekly has revealed that money from this "Emergency" fund for battered women, children, elderly and disabled will be going to help pay for the highly subsidized park that is part of Related Cos (and Arab Emirate Family of Dubai) "Grand Avenue Project".
This park, part of the luxury Grand Avenue Project, subsidized with tax breaks, was able to apply for -- and received the money from this fund to pay for this park tied to this luxury commercial project.
So there is an example of the City leading voters to think that this must be passed in order to provide affordable housing for working families. And no one can argue with that. Except if THIS proposition passes, the money for "Emergency Housing and Shelter" will really be going to the park at the Grand Avenue Project. A park that is already heavily subsidied and is backed by the Arab Emirate Royal Family of Dubai.
NOTE: The other problems include this will increase density; is based merely on City "opinion" not "fact" and will end up pushing the elderly out of the way, which is the exact reason these laws (which they now want to change) were created to protect against. (Click here for Part 2)
ZD MAKING WAVES IN SF: He may be somewhat annoying, but Zuma Dogg is a winner this week, while San Francisco mayor Gavin Newsom scores a spot on the loser list. Find out why and see the rest of this week's Winners & Losers. CLICK HERE:
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