Vote Yes on
Proposition 1.
The Veterans and Affordable Housing Bond Act of 2026 funds thousands of affordable homes across California for veterans, seniors, working families, and our unhoused neighbors, without raising taxes.
Learn more ↓What is Proposition 1?
Proposition 1, the Veterans and Affordable Housing Bond Act of 2026, is a measure on the November 2026 ballot that authorizes state bond funding to build and preserve affordable homes across California with strict accountability, transparency, and without raising taxes. Prop 1 fast-tracks more than 40,000 shovel-ready affordable homes for veterans, seniors, persons with disabilities, low- and middle-income working families, vulnerable Californians and essential workers- teachers, firefighters, and nurses.
Prop 1 also unlocks federal matching funds, bringing tax dollars we already send to Washington back home to California. The 2018 housing bond worked, and the funding has been fully exhausted. More than 40,000 homes are shovel-ready right now, waiting only for funding to break ground. Prop 1 is the next step.
Prop 1 builds homes for those hit hardest
by California's housing crisis.
Frequently asked questions
Will this raise my taxes?
No. Proposition 1 does not raise taxes. The bond is repaid over time through the state's existing budget — the same way California has financed schools, roads, and public infrastructure for decades. Prop 1 also unlocks federal matching funds, returning tax dollars we send to Washington back home to California.
How many homes will Prop 1 create?
Prop 1 is expected to create and preserve more than 40,000 new affordable homes and help 20,000 households achieve homeownership. Student housing funding is projected to benefit 40,000 CSU and UC students over the 55-year life of newly built housing. (Source: California Housing Partnership)
How does this serve veterans?
California has one of the largest populations of homeless veterans in the nation. Prop 1 dedicates $1.25 billion solely to veterans' housing and homeownership through the CalVet Home Loan Program, which has already helped nearly one million veterans and their families.
How quickly will homes get built?
More than 40,000 homes are already shovel-ready — they're stalled only for lack of funding. Prop 1 unlocks that funding so construction can begin quickly. Families will see results in years, not decades.
How will we know the money is spent correctly?
Prop 1 includes strict accountability measures. Every dollar comes with public reporting and clear requirements. Voters can see exactly how many homes get built, where, and at what cost.
Didn't California already pass a housing bond in 2018?
Yes — and it worked. The 2018 bond funded thousands of affordable homes for veterans, seniors, and working families. The problem is simple: the need is so great that the funding has been fully exhausted. Prop 1 is the next step in an ongoing commitment to ensure every Californian has a safe, affordable place to live.
How do I vote yes on Prop 1?
Vote YES on Proposition 1 on your November 2026 ballot. All active registered voters will receive a mail-in ballot. Early voting, in-person voting, and ballot drop-off information is available through your county elections office.
Vote YES on
Prop 1 this November.
Tiny Village Spirit has seen firsthand what happens when communities invest in real housing solutions. Prop 1 is one of the most direct things California can do right now to address the housing crisis at scale.
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