Ballot measure · California · November 3, 2026
Proposition 37
Title as the state lists it: Creates Loan Program for Middle-Income Buyers of Qualified New Homes. Initiative Statute.1,
- How it got there
- Citizen initiative
- Kind of measure
- Bond
- To pass
- A majority of the votes on it
- Researched
- October 27, 2026
Research draft. We gathered this from official sources on October 27, 2026: election offices, state laws and court records, each linked to its source. Separate reviewers checked a random sample of 48 facts from the ballot-measure research against the cited sources and found no errors. The rest hasn't been reviewed fact by fact yet, so check the linked source before relying on anything here.
§1What your vote means
Drafted by AI from the public sources cited. Each sentence links to its source.
A yes vote
A yes vote would let the California Housing Finance Agency sell up to $25 billion in revenue bonds for loans of up to 17 percent of the price of an eligible new home, for buyers earning under twice their area’s median income who pay at least 3 percent down, and would let builders meeting added labor standards use different construction defect rules.3,
§2How it got on the ballot
Drafted by AI from the public sources cited. Each sentence links to its source.
Citizen initiative. Voters proposed it by signing a petition.1,
Bond. It would authorize borrowing through the sale of bonds.1,
This initiative statute lets the California Housing Finance Agency sell up to $25 billion in revenue bonds that are repaid by homebuyers’ loan payments, not by the state General Fund.3,
It is on California's list of statewide measures for November 3, 2026.1,
§3What it needs to pass
Drafted by AI from the public sources cited. Each sentence links to its source.
A majority of the votes on it. An initiative passes if more voters vote yes than no on it.6,
Related
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