Citing voters' dwindling support for new taxes, the Bay Area Housing Finance Authority called for a meeting to discuss whether to withdraw the $20 billion regional housing bond from the November ballot.
A poll conducted in early June found that 55% of voters supported the housing bond, below the two-thirds vote threshold required, with an upcoming November proposition potentially lowering the threshold to 55% but facing legal concerns.
The Sacramento Superior Court ruled against the Proposition 5 ballot label, indicating the amendment's text does not adequately inform voters about the purpose of lowering the bond approval threshold, potentially affecting voter appeal.
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