PROPOSITION 37 CREATES LOAN PROGRAM FOR MIDDLE-INCOME BUYERS OF QUALIFIED NEW HOMES
On the ballot CA · 2026-11-03
In plain English
Proposition 37 would create a new loan program to help middle-income people buy new homes. The state would offer loans to qualified buyers who meet certain income requirements.
If this passes
What would actually change. No predictions, no opinions.
- A new state loan program would be established for middle-income home buyers
- The loans would only apply to people buying newly constructed homes that meet the program's requirements
- People would need to meet certain income level requirements to qualify for these loans
- The state would provide financing to eligible buyers who purchase qualified new homes
Who's funding each side
Supporting (Yes)
$12.1M
Top donors
Organic Consumers Fund$1.3M
Mercola.com Health Resources LLC$1.2M
Kent WhealyCo-Founder, Seed Savers Exchange
$1.0M
Opposing (No)
$60.1M
Top donors
Monsanto Company$8.1M
E.I. DuPont de Nemours & Co.$5.4M
PepsiCo, Inc.$2.5M
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candidates or measures. Every number on this page comes from official disclosure filings, cited below.
Sources
- Measure text and title: official ballot materials.
- Committee finance: campaign disclosure filings (Forms 460 & 497) filed with the California Secretary of State (Cal-Access).
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