The Mercury News: After it failed to make the ballot last year, is there enough support for state’s $10 billion housing bond?

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Newsweek: California Could See $10 Billion Housing Boost

February 19, 2025

California voters could soon be asked to authorize spending billions of dollars on new affordable housing.

East Bay Assemblymember Buffy Wicks and state Senator Christopher Cabaldon, a Yolo County Democrat, this week brought back a proposal to place a $10 billion bond for affordable housing programs on the June 2026 ballot after failing to get the measure on the November 2024 ballot.

If approved, the measure would authorize bonds to build low-income rental housing and supportive housing for people experiencing homelessness across the Golden State, among other purposes.

“This legislature has really read the results of the last election … as a call to action for affordability and for doing more for the average Californian,” said J.T. Harechmak, policy director of the Non-Profit Housing Association of Northern California, one of the housing bond’s main supporters. “The bond will take some time to roll out, but it would have a big impact on affordability.”