Proposition 37 Newsroom

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.

Sacramento, CA – Leading education advocacy groups have joined together in support of Proposition 37, including the California Teachers Association and the California Federation of Teachers.

Proposition 37 unlocks homeownership for more middle-class families by making it possible to buy a new home with just 3% down, while spurring a wave of new home construction across the state – all at no cost to taxpayers.

Homeownership in California comes later in life than in the rest of the nation, according to a recent analysis by the Public Policy Institute of California.

AFSCME California PEOPLE are the latest major statewide organization to join the growing coalition list in support of Proposition 37.

The measure, which unlocks homeownership for more middle-class families by making it possible to buy a new home with just 3% down, will also spur a wave of new home construction across the state – all at no cost to taxpayers.

The California Federation of Labor Unions AFL-CIO (CA Labor Fed) has endorsed Proposition 37. They are the latest group to join the broad, diverse, and bipartisan coalition of Californians, including the California Democratic Party, the United Brotherhood of Carpenters and Joiners of America and California Association of Realtors, among others.

The Yes on Proposition 37 campaign to build new housing and make home loans affordable for middle-class Californians today announced that the California Democratic Party has endorsed the measure.

Maybe some year soon, housing in California will become a manageable expense for the masses.

Until then, you’ll have to read more rankings that detail how unaffordable Golden State life can be.

New Tool Estimates County-By-County Homebuyer Savings Under Measure, Shows $136,000 in Upfront Cost Savings on Average Statewide

Voters will be deciding on a ballot measure in November that could make the dream of buying a home for lower- to middle-class Californians more within the realm of possibility — at least in some parts of the state.

Millennials think that buying a first home has never been harder. They’re pretty much right.

Buying a first home remains out of reach for many Americans, with fewer than 4 in 10 non-homeowner households able to afford a typical starter home, a new LendingTree analysis found.

Young adults aged 25 to 34 make up about 11% of homeowners in the Los Angeles metro area, the fewest for that demographic in the U.S., according to a new survey from ApartmentList.

Xavier Becerra, Matt Mahan, Katie Porter, Tony Thurmond, and Antonio Villaraigosa Endorse Middle-Class Homeownership Act

Carpenters Pres. Doug McCarron, CA Realtors Pres. Tamara Suminski, Treasurer Fiona Ma, Controller Malia Cohen, and Fmr. Mayor Darrell Steinberg Named Honorary Co-Chairs

Rising energy costs and ongoing stock market instability have pushed many buyers and sellers into “hibernation mode,” according to the California Association of Realtors.

Under my new plan, which will require voter approval on the 2026 November ballot, qualified Californians put down just 3% cash, $24,000 of that $160,000, borrow the rest at fixed low interest rates, and build equity from day one.

The heart of the Middle-Class Homeownership Act lies in its commitment to reversing the decline in middle-class homeownership rates.

From entertainers and restaurateurs to government figures and Fire relief advocates, these 26 male leaders are behind some of the city’s buzziest projects and most important contributions.

Former California Senate Majority Leader and Assembly Speaker Bob Hertzberg is championing the proposed Middle-Class Homeownership and Family Home Construction Act, a 2026 ballot initiative aimed at expanding housing opportunities for middle-income Californians

SACRAMENTO — A former state legislative leader says fellow Democrats in Sacramento have long ignored the housing needs of middle-class Californians. And he has a plan to help them buy a new home.