Proposition 37: Authorizes $25 billion in bonds to offer eligible home-buyers fixed-rate mortgages for up to 17% of purchase price of a newly constructed home priced below about $1.5 million. According to CalMatters: Buyers must be California residents, meet income limits, must occupy the home, and be able to contribute a 3% down payment. Homeowners would The post 2026 California Ballot: Proposition 37 appeared first on News Channel 3-12 .
Proposition 37: Authorizes $25 billion in bonds to offer eligible home-buyers fixed-rate mortgages for up to 17% of purchase price of a newly constructed home priced below about $1.5 million. According to CalMatters: Buyers must be California residents, meet income limits, must occupy the home, and be able to contribute a 3% down payment. Homeowners would The post 2026 California Ballot: Proposition 37 appeared first on News Channel 3-12 .This article was originally published by News Channel 3-12.
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