The Veterans and Affordable Housing Bond Act of 2026.
This means more funding for affordable rental options and home ownership opportunities.
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SB 417 — The Veterans and Affordable Housing Bond Act of 2026.
Last action — Chaptered by Secretary of State. Chapter 16, Statutes of 2026.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed Assembly
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5To Executive
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6Enacted
This bill has been sent to the executive. Introduced February 18, 2025. It awaits signature.
Next likely step: the executive signs it into law or issues a veto.
Prognosis
Where this bill stands today.
Odds of enactment
ModerateHow often bills like it became law.
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To Executive
Current position in the legislative process.
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22 sponsors
1 primary, 21 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (9 D).
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Cleared a recorded vote
Passed 8 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
This bill authorizes $11.25 billion in bonds for affordable housing and veteran assistance programs.
The Veterans and Affordable Housing Bond Act of 2026 allows for the issuance of bonds totaling $11.25 billion. The funds will support various affordable housing programs and provide dedicated assistance for veterans seeking housing.
What this means for you
- Workers: This will enhance access to affordable housing, potentially benefiting those in various employment sectors.
- Families: This means more funding for affordable rental options and home ownership opportunities.
- Veterans: This provides additional funding specifically aimed at helping veterans purchase homes, farms, and mobile homes.
Summary
Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers. Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks. Existing law, the Veterans and Affordable Housing Bond Act of 2018, authorized, the issuance of bonds in the amount of $4,000,000,000 to finance various existing housing programs, as well as infill infrastructure financing and affordable housing matching grant programs, as well as financing for a specified program for farm, home, and mobilehome purchase assistance for veterans, pursuant to the State General Obligation Bond Law. This bill would enact the Veterans and Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $11,250,000,000, pursuant to the State General Obligation Bond Law. Of the proceeds from the sale of these bonds, $10,000,000,000 would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program, and $1,250,000,000 would be used to provide additional funding for the above-described program for farm, home, and mobilehome purchase assistance for veterans, as provided. This bill would provide for submission of the bond act to the voters at the November 3, 2026, statewide general election, in accordance with specified law. This bill would declare that it is to take effect immediately as an urgency statute.
Bill Text
- Chaptered 06/25/26 - Chaptered Current pdf June 25, 2026
- Enrolled 06/25/26 - Enrolled pdf June 25, 2026
- Amended 06/22/26 - Amended Assembly pdf June 22, 2026
- Amended 01/22/26 - Amended Senate pdf January 22, 2026
- Introduced 02/18/25 - Introduced pdf February 18, 2025
- SB417 View text html
Action History
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Chaptered by Secretary of State. Chapter 16, Statutes of 2026.
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Approved by the Governor.
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Enrolled and presented to the Governor at 12:30 p.m.
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Assembly amendments concurred in. (Ayes 29. Noes 2.) Ordered to engrossing and enrolling.
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In Senate. Concurrence in Assembly amendments pending.
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Read third time. Urgency clause adopted. Passed. Ordered to the Senate.
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Coauthors revised.
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Read third time and amended.
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Ordered to third reading.
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 12. Noes 3.) (May 14).
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Joint Rule 62(a) suspended.
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May 13 set for first hearing. Placed on suspense file.
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 2.) (April 22). Re-referred to Com. on APPR.
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Coauthors revised.
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Referred to Com. on H. & C.D.
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In Assembly. Read first time. Held at Desk.
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Read third time. Urgency clause adopted. Passed. (Ayes 30. Noes 9. Page 3305.) Ordered to the Assembly.
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Read second time. Ordered to third reading.
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From committee: Do pass as amended. (Ayes 5. Noes 2. Page 3269.) (January 22).
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Read second time and amended. Ordered to second reading.
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Set for hearing January 22.
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January 20 hearing: Placed on APPR. suspense file.
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Set for hearing January 20.
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 1. Page 3184.) (January 6). Re-referred to Com. on APPR.
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Referred to Com. on HOUSING.
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Set for hearing January 6 in HOUSING pending receipt.
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From printer. May be acted upon on or after March 21.
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Introduced. Read first time. To Com. on RLS. for assignment. To print.
Sponsors
- Mark González · Cosponsor
- Wicks · Cosponsor
- Alvarez · Cosponsor
- Ávila Farías · Cosponsor
- Berman · Cosponsor
- Connolly · Cosponsor
- Haney · Cosponsor
- Harabedian · Cosponsor
- Krell · Cosponsor
- Schultz · Cosponsor
- Ward · Cosponsor
- Wilson · Cosponsor
- Zbur · Cosponsor
- Thomas J. Umberg · Cosponsor
- Eloise Gómez Reyes · Cosponsor
- Timothy S. Grayson · Cosponsor
- Catherine S. Blakespear · Cosponsor
- Scott D. Wiener · Cosponsor
- Josh Becker · Cosponsor
- Jesse Arreguín · Cosponsor
- Christopher Cabaldon · Primary
- Angelique V. Ashby · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 21 co-sponsors · 100 not signed on · 18 voted No
Sponsors (1)
- Cabaldon, Christopher Democratic
Co-sponsors (21)
- Mark González
- Wicks
- Alvarez
- Ávila Farías
- Berman
- Connolly
- Haney
- Harabedian
- Krell
- Schultz
- Ward
- Wilson
- Zbur
- Umberg, Thomas J. Democratic
- Reyes, Eloise Gómez Democratic
- Grayson, Timothy S. Democratic
- Blakespear, Catherine S. Democratic
- Wiener, Scott D. Democratic
- Becker, Josh Democratic
- Arreguín, Jesse Democratic
- Ashby, Angelique V. Democratic
Not signed on (100)
100 members have not signed on to this bill.
Show all 100 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 57 | 0 | 0 | 2 |
| Republican | 3 | 7 | 0 | 9 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Total | 61 | 7 | 0 | 11 |
| % of votes cast | 77% | 9% | 0% | 14% |
How each member voted (79)
| Member | Party | Vote |
|---|---|---|
| Ávila Farías | — | Yea |
| Addis, Dawn | Democratic | Yea |
| Aguiar-Curry, Cecilia M. | Democratic | Yea |
| Ahrens, Patrick | Democratic | Yea |
| Alvarez, David | Democratic | Yea |
| Arambula, Joaquin | Democratic | Yea |
| Bains, Jasmeet | Democratic | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Bennett, Steve | Democratic | Yea |
| Berman, Marc | Democratic | Yea |
| Boerner, Tasha | Democratic | Yea |
| Bonta, Mia | Democratic | Yea |
| Bryan, Isaac G. | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Caloza, Jessica | Democratic | Yea |
| Carrillo, Juan | Democratic | Yea |
| Connolly, Damon | Democratic | Yea |
| Elhawary, Sade | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Garcia, Robert | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| González, Mark | Democratic | Yea |
| Haney, Matt | Democratic | Yea |
| Harabedian, John | Democratic | Yea |
| Hart, Gregg | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Jackson, Corey A. | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Krell, Maggy | Democratic | Yea |
| Lee, Alex | Democratic | Yea |
| Lowenthal, Josh | Democratic | Yea |
| McKinnor, Tina | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Ortega, Liz | Democratic | Yea |
| Pacheco, Blanca | Democratic | Yea |
| Papan, Diane | Democratic | Yea |
| Patel, Darshana R. | Democratic | Yea |
| Pellerin, Gail | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Not Voting |
| Ramos, James C. | Democratic | Yea |
| Ransom, Rhodesia | Democratic | Yea |
| Rivas, Robert | Democratic | Yea |
| Rodriguez, Celeste | Democratic | Not Voting |
| Rodriguez, Michelle | Democratic | Yea |
| Rogers, Chris | Democratic | Yea |
| Rubio, Blanca E. | Democratic | Yea |
| Schiavo, Pilar | Democratic | Yea |
| Schultz, Nick | Democratic | Yea |
| Sharp-Collins, LaShae | Democratic | Yea |
| Solache, Jr., José Luis | Democratic | Yea |
| Soria, Esmeralda | Democratic | Yea |
| Stefani, Catherine | Democratic | Yea |
| Valencia, Avelino | Democratic | Yea |
| Ward, Christopher M. | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Wilson, Lori D. | Democratic | Yea |
| Zbur, Rick Chavez | Democratic | Yea |
| Alanis, Juan | Republican | Not Voting |
| Castillo, Leticia | Republican | Not Voting |
| Chen, Phillip | Republican | Nay |
| Davies, Laurie | Republican | Not Voting |
| DeMaio, Carl | Republican | Nay |
| Dixon, Diane | Republican | Not Voting |
| Ellis, Stan | Republican | Nay |
| Flora, Heath | Republican | Not Voting |
| Gonzalez, Jeff | Republican | Not Voting |
| Hadwick, Heather | Republican | Nay |
| Hoover, Josh | Republican | Yea |
| Johnson, Natasha | Republican | Not Voting |
| Lackey, Tom | Republican | Not Voting |
| Macedo, Alexandra | Republican | Nay |
| Patterson, Joe | Republican | Yea |
| Sanchez, Kate | Republican | Nay |
| Ta, Tri | Republican | Not Voting |
| Tangipa, David J. | Republican | Nay |
| Wallis, Greg | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 29 | 0 | 0 | 1 |
| Republican | 0 | 2 | 0 | 8 |
| Total | 29 | 2 | 0 | 9 |
| % of votes cast | 73% | 5% | 0% | 23% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Allen, Benjamin | Democratic | Yea |
| Archuleta, Bob | Democratic | Yea |
| Arreguín, Jesse | Democratic | Yea |
| Ashby, Angelique V. | Democratic | Yea |
| Becker, Josh | Democratic | Yea |
| Blakespear, Catherine S. | Democratic | Yea |
| Cabaldon, Christopher | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Cortese, Dave | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Gonzalez, Lena A. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Hurtado, Melissa | Democratic | Yea |
| Laird, John | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| McNerney, Jerry | Democratic | Yea |
| Menjivar, Caroline | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Pérez, Sasha Renée | Democratic | Yea |
| Reyes, Eloise Gómez | Democratic | Not Voting |
| Richardson, Laura | Democratic | Yea |
| Rubio, Susan | Democratic | Yea |
| Smallwood-Cuevas, Lola | Democratic | Yea |
| Stern, Henry I. | Democratic | Yea |
| Umberg, Thomas J. | Democratic | Yea |
| Wahab, Aisha | Democratic | Yea |
| Weber Pierson, M.D., Akilah | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Alvarado-Gil, Marie | Republican | Not Voting |
| Choi, Steven S. | Republican | Not Voting |
| Dahle, Megan | Republican | Not Voting |
| Grove, Shannon | Republican | Not Voting |
| Jones, Brian W. | Republican | Not Voting |
| Niello, Roger W. | Republican | Not Voting |
| Ochoa Bogh, Rosilicie | Republican | Not Voting |
| Seyarto, Kelly | Republican | Nay |
| Strickland, Tony | Republican | Nay |
| Valladares, Suzette Martinez | Republican | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 11 | 0 | 0 | 0 |
| Republican | 1 | 3 | 0 | 0 |
| Total | 12 | 3 | 0 | 0 |
| % of votes cast | 80% | 20% | 0% | 0% |
How each member voted (15)
| Member | Party | Vote |
|---|---|---|
| Aguiar-Curry, Cecilia M. | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Caloza, Jessica | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| González, Mark | Democratic | Yea |
| Krell, Maggy | Democratic | Yea |
| Pacheco, Blanca | Democratic | Yea |
| Pellerin, Gail | Democratic | Yea |
| Sharp-Collins, LaShae | Democratic | Yea |
| Solache, Jr., José Luis | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Dixon, Diane | Republican | Nay |
| Hoover, Josh | Republican | Yea |
| Ta, Tri | Republican | Nay |
| Tangipa, David J. | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 8 | 0 | 0 | 0 |
| Republican | 1 | 2 | 0 | 0 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Total | 10 | 2 | 0 | 0 |
| % of votes cast | 83% | 17% | 0% | 0% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| Ávila Farías | — | Yea |
| Caloza, Jessica | Democratic | Yea |
| Garcia, Robert | Democratic | Yea |
| Haney, Matt | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Lee, Alex | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Wilson, Lori D. | Democratic | Yea |
| Patterson, Joe | Republican | Yea |
| Ta, Tri | Republican | Nay |
| Tangipa, David J. | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 30 | 0 | 0 | 0 |
| Republican | 0 | 9 | 0 | 1 |
| Total | 30 | 9 | 0 | 1 |
| % of votes cast | 75% | 23% | 0% | 3% |
How each member voted (40)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 5 | 0 | 0 | 0 |
| Republican | 0 | 2 | 0 | 0 |
| Total | 5 | 2 | 0 | 0 |
| % of votes cast | 71% | 29% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Cabaldon, Christopher | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Richardson, Laura | Democratic | Yea |
| Wahab, Aisha | Democratic | Yea |
| Dahle, Megan | Republican | Nay |
| Seyarto, Kelly | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 5 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Cabaldon, Christopher | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Richardson, Laura | Democratic | Yea |
| Wahab, Aisha | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Seyarto, Kelly | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 8 | 0 | 0 | 1 |
| Republican | 0 | 1 | 0 | 1 |
| Total | 8 | 1 | 0 | 2 |
| % of votes cast | 73% | 9% | 0% | 18% |
How each member voted (11)
| Member | Party | Vote |
|---|---|---|
| Arreguín, Jesse | Democratic | Yea |
| Cabaldon, Christopher | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Cortese, Dave | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Reyes, Eloise Gómez | Democratic | Not Voting |
| Wahab, Aisha | Democratic | Yea |
| Ochoa Bogh, Rosilicie | Republican | Not Voting |
| Seyarto, Kelly | Republican | Nay |
Subjects
Frequently asked questions
- What does SB 417 do?
- Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers. Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks. Existing law, the Veterans and Affordable Housing Bond Act of 2018, authorized, the issuance of bonds in the amount of $4,000,000,000 to finance various existing housing programs, as well as infill infrastructure financing and affordable housing matching grant programs, as well as financing for a specified program for farm, home, and mobilehome purchase assistance for veterans, pursuant to the State General Obligation Bond Law. This bill would enact the Veterans and Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $11,250,000,000, pursuant to the State General Obligation Bond Law. Of the proceeds from the sale of these bonds, $10,000,000,000 would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program, and $1,250,000,000 would be used to provide additional funding for the above-described program for farm, home, and mobilehome purchase assistance for veterans, as provided. This bill would provide for submission of the bond act to the voters at the November 3, 2026, statewide general election, in accordance with specified law. This bill would declare that it is to take effect immediately as an urgency statute.
- Who sponsors SB 417?
- SB 417 is sponsored by Mark González, Wicks, Alvarez, Ávila Farías, Berman, Connolly, Haney, Harabedian, Krell, Schultz, Ward, Wilson, Zbur, Umberg, Thomas J. (Democratic), Reyes, Eloise Gómez (Democratic), Grayson, Timothy S. (Democratic), Blakespear, Catherine S. (Democratic), Wiener, Scott D. (Democratic), Becker, Josh (Democratic), Arreguín, Jesse (Democratic), Cabaldon, Christopher (Democratic), and Ashby, Angelique V. (Democratic).
- What is the current status of SB 417?
- This bill has been sent to the executive. Introduced February 18, 2025. It awaits signature.
- Where can I track SB 417?
- Track SB 417 free on One Click Politics — get push/email alerts when it moves.
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