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Prop. 37 explained: Can a $25 billion bond make homeownership in California attainable?

Marcus Chen
Managing Editor · Tuesday, October 20, 2026 at 12:00 PM · 1 min read
Prop. 37 explained: Can a $25 billion bond make homeownership in California attainable? — Almanac News (Menlo Park), Portola Valley Real Estate news
Image: Almanac News (Menlo Park)

This story was originally published by CalMatters. Sign up for their newsletters. It’s a bond, but not like any other bond on the ballot. It promises to provide homebuyers with mortgages, but not your typical mortgages. It would set up a down payment assistance program, but one unlike any other in the country.  Supporters call [ ] The post Prop. 37 explained: Can a $25 billion bond make homeownership in California attainable? appeared first on The Almanac.

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