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California $25 billion homebuyer subsidy program 2026
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FIRST ENTRY OCT 26
OCT 26 · Day 1
California proposes $25 billion homebuyer subsidy program
California voters will consider Proposition 37 on November's ballot.
The 17% second mortgage provided by the program is a loan, not free money.
The state's independent legislative analyst estimates no direct state or local government costs from Proposition 37.