Statewide ballot measure · Tuesday, November 3, 2026

Proposition 1: Authorizes Bonds for Housing Affordability Programs. Legislative Statute.

Authorizes $11.25 billion in state general obligation bonds for housing affordability programs, including multifamily rental housing, mortgages for veterans, supportive housing, preservation of existing affordable housing, and downpayment assistance. Fiscal Impact: Increased state cost of $500 million to $600 million annually for about 25 years to repay the housing bond.

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What a vote means

A yes vote: A YES vote on this measure means: The state could borrow $11.25 billion to support veterans and affordable housing.
A no vote: A NO vote on this measure means: The state could not borrow $11.25 billion to support veterans and affordable housing.

Sources

Measure summary

Official Voter Information Guide, Proposition 1 (California Secretary of State, Public record)

What's included: U.S. Senate and House, statewide offices, state legislative races (shown in the app once you enter your address) and statewide ballot measures.

Local races (county, city, school board, judges) and anything else on your ballot are on your official sample ballot: voterstatus.sos.ca.gov.

Candidate lists as of Wednesday, October 14, 2026.

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