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Description
California Affordable Housing Bond Proposition concerns a statewide ballot measure scheduled for November 3, 2026. It would authorize California to borrow a record $11.25 billion for affordable housing, with $10 billion for housing purchases, construction, rehabilitation, and preservation, and $1.25 billion to assist veterans in buying homes. The Yes outcome resolves if the proposition is approved by a majority of statewide voters; No otherwise. If voting does not occur or results are not definitively known by March 31, 2027, the market resolves to No, with settlement based on a consensus of credible reporting or, if needed, official California state information.
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Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| California Affordable Housing Bond Proposition | — | — | — | — | — | — |
Rules
Proposition 1 is a California ballot measure currently scheduled for voting on November 3, 2026. It would allow the state to borrow a record $11.25 billion for affordable housing, with $10 billion to buy, build, rehabilitate and preserve affordable homes and $1.25 billion to help veterans buy homes. This market will resolve to “Yes” if the specified ballot measure is approved by a majority of voters at the California statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.” If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).