Assembly approves $10 billion housing bond SB 417 to send to voters

Jun 25, 2026

The Assembly voted to pass SB 417, a proposed $10 billion state housing bond that would fund multifamily, supportive, homeownership and preservation programs; the measure passed the Assembly 54–7 and now moves to the Senate and, if approved, to the ballot for voters.

The full story

The California State Assembly on May 7 passed SB 417, a proposed $10,000,000,000 housing bond intended to finance a broad package of affordable housing programs and sent the measure to the Senate.

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