Prop 37: Creates Middle-Income Homebuying Program

It's pretty standard to pay a 20% down payment in order to buy a house. But in California, where the median price of a single-family home is $980,000, that's a tall order for most people. Supporters of Prop 37 say it would help address this problem by allowing the state to help moderate income buyers. Additional Resources: Read the transcript for this episode Catch up on all of Prop Fest 2026 Your support makes KQED podcasts possible. You can show your love by going to https://kqed.org/donate/podcasts This story was reported by Adhiti Bandlamudi. Prop Fest is a collaboration between Bay Curious and The Bay. It’s made by Olivia Allen-Price, Katrina Schwartz, Christopher Beale, Anna Casalme, Ericka Cruz Guevarra, Alan Montecillo, Gabriela Glueck and Pauline Bartolone. Additional support from Jen Chien, Katie Sprenger, Maha Sanad, Ethan Toven-Lindsey and everyone on Team KQED. Learn more about your ad choices. Visit megaphone.fm/adchoices