Veterans Groups Support Prop 37 to Bring Housing to Middle-Income Families 

Veterans groups representing millions of veterans across California support Proposition 37, which authorizes $25 billion in revenue bonds to provide low-interest, downpayment assistance loans to eligible middle-class Californians.

Prop 37 requires homebuyers to be California residents, meet income requirements, pay at least 3% down, make monthly payments, and occupy the home as their residence. Annual state audits ensure transparency and financial health, and consumer protections include strict bank fee limits and no early payoff penalty.