A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape and a field of red dollar symbols are collaged to the left of the building.

Proposition 5

Should California reduce the vote threshold needed to pass certain local bonds for affordable housing and public infrastructure projects?

Currently, any local bond measure on the ballot must be approved by a two-thirds supermajority of voters in order to pass. Proposition 5 would reduce that threshold to 55% for bonds that fund affordable housing or public infrastructure projects. 

Yes Argument

By making it easier to win voter approval for issuing bonds, Proposition 5 will empower local governments to address immediate priorities without having to wait for state and federal funding. It will also level the playing field with school districts, which can pass bonds to fund school upgrades with only 55% of the vote.

No Argument

The amendment’s language around funding “infrastructure projects” is too vague and could apply to anything. Proposition 5 could allow for massive tax hikes, because bonds are paid for by increased property taxes. If Proposition 5 passes, politicians could pass bond measures more easily, further hiking taxes for property owners. 

Fundraising
Campaign finance data comes from the California Secretary of State’s office or the Federal Election Commission.

Updated at 6:00 PM PT on Sep 12, 2024
Source: California Secretary of State
In Support
$2.5mTotal
Chan Zuckerberg Initiative
$2.5m
In Opposition
$30.1mTotal
California Association of Realtors
$22.0m
National Association of Realtors
$5.0m
California Business Roundtable
$1.5m
California Business Properties Association
$120.0k
Gerald J. Marcil
$100.0k

Key Supporters

This list represents notable organizations and individuals who have taken a position on the ballot measure or candidate, or who are funding campaigns in support or opposition. This list is not exhaustive, and may be updated.

In Support

  • AIDS Healthcare Foundation
  • California Democratic Party
  • California Professional Firefighters
  • California State Building and Construction Trades Council
  • California YIMBY

In Opposition

  • California Association of Realtors
  • California Chamber of Commerce
  • Coalition of Sensible Taxpayers
  • Howard Jarvis Taxpayers Association
  • Silicon Valley Leadership Group

More Statewide Propositions

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 2: School Bond

Should California issue $10 billion in bonds to help build or upgrade educational facilities?

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 3: Same-Sex Marriage

Should marriage rights for same-sex couples be enshrined in the state constitution?

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 4: Climate Bond

Should California issue $10 billion in bonds to fund various climate- and environment-related projects?

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 6: Prison Labor

Should California ban involuntary servitude in prisons and jails? 

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 32: Minimum Wage

Should all California employees earn at least $18 per hour by Jan. 1, 2026?

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 33: Rent Control

Should California remove limits on the ability of cities to impose rent control policies capping annual rent increases?

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 34: Prescription Drug Spending

Should California restrict how certain health care providers can spend revenue from prescription drug sales?

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 35: Medi-Cal Funding

Should California make permanent an existing tax on health insurance companies and restrict how those funds can be used?

A black and white mid-rise apartment building is pictured at three-quarters view, revealing a pink side wall with a medical cross symbol on it. A small blue shape is collaged to the left of the building.

Prop 36: Criminal Penalties

Should California roll back past reforms and make it easier to charge people with felony crimes and send them to jail or prison if they repeatedly shoplift, or possess some drugs, including fentanyl and methamphetamine?