SACRAMENTO, CA – Rob Lapsley, president of the California Business Roundtable and co-chairperson of the No on Prop 21 – Californians to Protect Affordable Housing campaign, issued the following statement in response to the Prop 21 Election Night results:
“Last year, the Legislature passed the strongest-in-the-nation law to modernize our rental laws. AB 1482 was a balanced approach that still encouraged investment in new affordable housing construction. Voters understood that Proposition 21 would undo critical parts of that law and would make the housing crisis worse, all while driving up the cost of rent and housing at a time when we can least afford it.”
ABOUT NO ON PROP 21 – CALIFORNIANS TO PROTECT AFFORDABLE HOUSING
Californians to Protect Affordable Housing, a coalition of housing advocates, renters, large and small businesses, taxpayer groups and veterans, is organized to defeat Proposition 21, the flawed rental housing measure on the November 3, 2020, statewide ballot.