Newsweek: California Could See $10 Billion Housing Boost

Development is seen along Clement Avenue from this drone view in Alameda, Calif., on Wednesday, March 23, 2022. The Alameda Marina is being revitalized and restored as The Launch is constructed. This project will include 360 units, including 49 affordable housing units. (Jane Tyska/Bay Area News Group)
*Press Release* Statement on Affordable Housing Bond Act of 2026 from NPH Executive Director Amie Fishman
February 18, 2025
San Francisco skyline
The Mercury News: After it failed to make the ballot last year, is there enough support for state’s $10 billion housing bond?
February 20, 2025
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Two California lawmakers have brought back a proposal to place a $10 billion bond for affordable housing programs on the June 2026 ballot, after the measure failed to make it on the ballot last November.

The cash injection would make a dramatic difference for low-income households living in the Golden State, which is currently one of the most expensive housing markets in the nation.

East Bay Assemblymember Buffy Wicks and State Senator Christopher Cabaldon, who represent Yolo, Solano, Napa and parts of Sacramento and Contra Costa counties, have introduced two bills—AB 736 and SB 417—which share the same name, The Affordable Housing Bond Act of 2026.

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