Shall the ordinance raising funds for general municipal purposes such as navigation centers, mental health support, rehousing and other services for the homeless, including homeless seniors and youth; increasing the real property transfer tax for ten years from 1.5% to 2.5% for property sales and transfers over $1,500,000, adjusted annually to capture the top approximately 33% of transfers; generating an estimated $6,000,000 - $8,000,000 annually; and establishing the Homeless Services Panel of Experts to recommend homeless services, be adopted?
2, Alameda County • 2018 • M
Passed
Result: 72.4% yes, 27.6% no (54,352 votes cast)
AI-generated plain-language summary
This measure increased Alameda's real property transfer tax from 1.5% to 2.5% for ten years on property sales over $1,500,000 (adjusted annually to capture approximately the top third of transfers) to fund homeless services including navigation centers, mental health support, and rehousing programs. The measure also established a Homeless Services Panel of Experts to recommend how the estimated $6-8 million in annual revenue should be used for homeless services.