Live Tuesday, October 13, 2026 | 11am PST
Overview
California’s housing crisis is acute. Only 22% of households can afford a median-priced home, while more than half of renters spend over 30% of their income on housing. The homeownership rate is just 56%, well below the national rate.
The crisis disproportionately affects communities of color. Only 11% of Black and Latino households can afford a median-priced home, compared with nearly 23% of white households. Black Californians make up 7% of the state’s population but 26% of its unhoused population. Asian American renters, low-income families and immigrants also face severe housing-cost burdens, while farmworkers often spend more than 60% of their income on substandard housing.
Proposition 1, on California’s Nov. 3, 2026, ballot would authorize the state to issue $11.25 billion in bonds for housing and veterans’ programs. The measure would provide funding for affordable and income-qualified housing, including the Multifamily Housing Program, CalHome, farmworker housing and youth housing. It would also support the CalVet Home Loan Program, which helps eligible veterans purchase homes.
Related Coverage
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Guest Speakers
- Chione Lucina Muñoz Flegal, Executive Director, Housing California
- Dr. Ryan J. Smith, President and CEO, St. Joseph Center
- Jessica Hitchcock, Managing Director, Research, California Housing Partnership
- Francisco Dueñas, Executive Director, Housing Now!
