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Prop 37 Explained: Can a $25 Billion Bond Make Homeownership in California Attainable?

Supporters say the measure could help renters and first-time buyers cover down payments as high as 17% of a home’s value.

A clever solution or a confusing gimmick? Like it or hate it, almost everyone has questions about Proposition 37. Here are a few of the big ones — with the best available answers.

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

A clever solution or a confusing gimmick? Almost everyone has questions about Prop. 37 on the California ballot this election

·Sacramento, United States
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Lookout Local Santa Cruz broke the news on Tuesday, October 20, 2026.
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