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Report
Will Proposition 37 Make Homeownership More Affordable? It’s Not Guaranteed
key takeaway Proposition 37 on the November 2026 ballot would establish a “middle-class” homebuyer downpayment assistance program, funded with up to $25 billion in revenue bonds. This assistance could only be used to purchase newly built homes or newly created housing units converted from nonresidential buildings, where the buyer is the first purchaser. The program … ContinuedBallot PropositionsHousing & Homelessness -
Report
Billionaire Tax Explained: What Proposition 40 Would Mean for California
key takeaway Prop. 40 would institute a one-time 5% tax on the wealth of billionaires to raise tens of billions in temporary revenue to address the loss of federal funding and other threats to health, nutrition, and education services, largely a result of H.R. 1 — the 2025 budget reconciliation law known as the “One … ContinuedBallot PropositionsTaxes & Revenue
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