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I RESOLUTION NO. R-121-02 <br />2 <br />3 RESOLUTION OF THE CITY OF COLTON IN SUPPORT OF <br />PROPOSITION 46 (Housing & Emergency Shelter Trust <br />4 Fund Act) <br />5 WHEREAS, approximately 220,000 housing units need to be produced in California <br />6 each year to meet demand; yet only four times in the last 20 years has the production target <br />7 been reached; and <br />8 WHEREAS, while the national homeownership rate has reached a record high, <br />9 California is about 10 percent below the national average (67.8 percent) and ranks 48th in <br />10 <br />the nation; and <br />11 <br />12 WHEREAS, over one-third of all renter families statewide pay over half their incomes <br />13 in rent; over one-half of all low-income renter families pay over half their income in rent; and <br />14 almost three out of every four very low-income renter families pay over half their incomes in <br />15 rent; and <br />16 WHEREAS, the Department of Housing and Community Development estimates that <br />17 there are over 360,000 homeless individuals in California, and other data discloses that one - <br />18 third of the homeless population, and the segment increasing most rapidly are families with <br />19 children; and <br />20 WHEREAS, there is an urgent need to provide affordable housing in to meet the <br />21 increasingly unfulfilled housing needs of the state; and <br />22 <br />WHEREAS, there is an immediate need to reaffirm the commitment to the housing <br />23 <br />policy of the state and to help implement local housing programs by providing sufficient <br />24 <br />financial resources to do so over a reasonable period of time; <br />25 <br />26 <br />27 <br />28 <br />1 <br />