California Proposition 1 (The Veterans and Affordable Housing Bond Act of 2026) is on the November 3, 2026 ballot. Authorize $11.25 billion in general obligation bonds: $10 billion to fund affordable rental housing and homeownership programs, and $1.25 billion for farm, home, and mobilehome purchase assistance for veterans.
What a yes or no vote means
Read the certified ballot question
Authorize $11.25 billion in general obligation bonds: $10 billion to fund affordable rental housing and homeownership programs, and $1.25 billion for farm, home, and mobilehome purchase assistance for veterans.
Verify with the state: official full text and details →.
See everything else on your California ballot
About this measure
California allows initiated constitutional amendments, initiated statutes, and veto referendums, and the Legislature can refer amendments with a two-thirds vote of each house. Initiative signature requirements are pegged to the last governor's race: 8 percent of votes cast for constitutional amendments (874,641 signatures for the 2026 cycle) and 5 percent for statutes and referendums (546,651), gathered within a 180-day circulation window. Every measure, citizen-initiated or referred, passes with a simple majority of votes cast on it.
Wording above follows the certified ballot language; The Ballot Brief does not take positions on measures.