▁Cre ates ▁trust ▁fund ▁to : ▁provide ▁sh el ters ▁for ▁batter ed ▁women ; ▁clean ▁and ▁safe ▁housing ▁for ▁low - in come ▁senior ▁citizens ; ▁emer gency ▁sh el ters ▁for ▁hom eless ▁families ▁with ▁children ; ▁housing ▁with ▁social ▁services ▁for ▁hom eless ▁and ▁ment ally ▁ill ; ▁rep airs / access ibility ▁improvements ▁to ▁apart ments ▁for ▁families ▁and ▁hand ic apped ▁citizens ; ▁military ▁veter an ▁home own ership ▁assistance ; ▁and ▁security ▁improvements / rep airs ▁to ▁existing ▁emer gency ▁sh el ters . ▁ ▁Fund ed ▁by ▁bond ▁issue ▁of ▁two ▁billion ▁one ▁hundred ▁million ▁dollars ▁($ 2 , 1 0 0 , 0 0 0 , 0 0 0 ). ▁ ▁M akes ▁cities ▁and ▁count ies ▁el ig ible ▁to ▁receive ▁specified ▁funds . ▁ ▁Sub ject s ▁exp end it ures ▁to ▁independent ▁aud it . ▁ ▁App ropri ates ▁money ▁from ▁state ▁General ▁Fund ▁to ▁rep ay ▁b onds . ▁▁ ▁Sum mary ▁of ▁Legisl ative ▁Anal yst ' s ▁Est imate ▁of ▁Net ▁State ▁and ▁Local ▁Government ▁F is cal ▁Imp act : ▁▁ ▁State ▁cost ▁of ▁about ▁$ 4 . 7 ▁billion ▁over ▁ 3 0 ▁years ▁to ▁pay ▁off ▁both ▁the ▁principal ▁($ 2 . 1 ▁billion ) ▁and ▁interest ▁($ 2 . 6 ▁billion ) ▁costs ▁on ▁the ▁b onds . ▁Pay ments ▁of ▁about ▁$ 1 5 7 ▁million ▁per ▁year . ▁ ▁See ▁also ▁ ▁California ▁Department ▁of ▁H ous ing ▁and ▁Community ▁Development ▁ ▁California