On your ballot
November 3, 2026 · California general17 days awayAuthorizes Bonds for Housing Affordability Programs. Legislative Statute.
Official summaryAuthorizes $11.25 billion in state general obligation bonds for housing affordability programs, including for California veterans, and to finance housing development projects seeking federal tax credits. Allocates funds: $5.1 billion to build and rehabilitate multifamily rental housing; $2.1 billion to acquire, rehabilitate, or preserve affordable housing units, and provide supportive housing for those experiencing homelessness; $1.25 billion for state-funded mortgages for California veterans; $1.1 billion for homeownership and downpayment assistance; $1 billion for farmworker, tribal, and student housing; $500 million for housing infrastructure; and $200 million to support local housing programs. Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact: Increased state cost of $500 million to $600 million annually for about 25 years to repay the housing bond.
Creates Loan Program for Middle-Income Buyers of Qualified New Homes. Initiative Statute.
Official summaryAuthorizes up to $25 billion in bonds to offer eligible buyers fixed-rate mortgages for up to 17% of the purchase price of a "qualified new home" (new construction or first sale of converted nonresidential property, priced below about $1 million–$1.5 million, depending on county, adjusted annually). Borrowers must be California residents for one year, occupy the home, earn less than twice the area's median income, and pay at least 3% down. Requires that bonds be repaid by homeowners' mortgage payments, not the State. Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact: No direct state or local costs.
Past measures
What's been documented since they passed
March 5, 2024
California1 measureNovember 8, 2022
City of Los Angeles1 measureEvery figure on this site carries a publisher, a URL, and the date it described. Measured outcomes are append-only — when a number is corrected, the old one stays visible with the reason, so you can see what changed.