Alaska Veterans' Residential Mortgages, Bonding Proposition A (1986)

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The Alaska Veterans' Residential Mortgages Bond, also known as Bonding Proposition A, was on the November 4, 1986 ballot in Alaska as a legislatively referred bond question, where it was approved. The measure issued $600 million in bonds for housing mortgages for qualifying veterans.[1]

Election results

Alaska Bonding Proposition A (1986)
ResultVotesPercentage
Approveda Yes 112,672 65.45%
No59,48234.55%

Election results via: Alaska Department of Elections

Text of measure

The language appeared on the ballot as:[1]

Bonding Proposition A
State Guaranteed Veterans Residential Mortgage Bonds $600,000,000
(Ch. 134, SLA 1966)

This proposition would authorize the Alaska Housing Finance Corporation to issue up to $600,000,000 in revenue bonds which are unconditionally guaranteed by the state for the payment of principal and interest. Bonds would be issued for the purpose of purchasing residential mortgages of qualifying veterans. A “qualified veteran” is defined by law.

Shall the State of Alaska unconditionally guarantee as a general obligation of the state, the payment of principal of and interest on revenue bonds of the Alaska Housing Finance Corporation issued in the principal amount of not more than $600,000,000 for the purpose of purchasing mortgages made for residences for qualifying veterans, as defined by law?[2]

See also

External links

Footnotes

  1. 1.0 1.1 ICPSR, "Referenda and Primary Election Materials," accessed January 29, 2015
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.