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Description
California Homebuying Loan Program Proposition is a ballot measure on the November 3, 2026 statewide general election. It would create a $25 billion mortgage loan program for home buyers earning less than 200% of the area median income. If approved by a statewide majority, the Yes outcome settles; if not approved or results are not definitively known by March 31, 2027, the No outcome settles. Settlement relies on a consensus of credible reporting, with official California sources (including the Secretary of State) as the controlling reference when ambiguity exists.
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Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| California Homebuying Loan Program Proposition | — | — | — | — | — | — |
Rules
Proposition 37 is a California ballot measure currently scheduled for voting on November 3, 2026. It would create a $25 billion mortgage loan program for home buyers who make less than 200% of the area median income. 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/).