Looking at Proposition 12

Posted by Rick Orlov on October 22, 2008 5:59 AM | | Comments (0) |

The final proposition that will appear on California's Nov. 4 ballot seeks voter approval to continue funding a state-run home-loan program for military veterans. AP in the Daily News.

If it's passed, as 26 previous versions were, Proposition 12 would allow the state to issue $900million in bonds to fund the existing CalVet Home Loan program so it can cover veterans who have served in the military since 1977.

The program, previously available only to those who served before 1977, helps California veterans buy homes, mobile homes and farms.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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This page contains a single entry by Rick Orlov published on October 22, 2008 5:59 AM.

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