The cost of housing affects all of us. When families struggle to afford a home, seniors cannot afford to remain in their communities and the people who work in our neighborhoods cannot afford to live there, the impact reaches far beyond an individual household.
According to the California Budget and Policy Center, development on more than 46,000 affordable homes across the state has been stalled due to lack of funding – putting many at risk during a time when California is making meaningful progress in boosting affordability and decreasing homelessness.
This November, California voters will consider Proposition 1, the Veterans and Affordable Housing Bond Act of 2026. The $11.25 billion bond would invest in affordable housing and homeownership opportunities across the state, with dedicated funding for veterans housing.
If passed, Prop 1 would benefit veterans, seniors, working families, people with disabilities and Californians experiencing or at risk of homelessness. It would also help preserve affordable homes already serving communities.
The bond would also give a financial shot to the state, creating more than 53,000 construction jobs and generating $1.3 billion in state and local tax revenue to support local communities and public services.
Learn how you can get involved at Join Us – Yes of Prop 1 and learn the facts about the measure at Facts – Yes of Prop 1.
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