Vote NO on Prop 37

We want lower mortgages,

not more mortgages!

Middle-Class Homeownership Loan Program (Second Mortgage Bonds)

Despite the name, this measure authorizes up to $25 billion in state bonds for government-backed SECOND mortgages on certain new homes.

Californians want Lower Mortgages not More Mortgages.

This would:

• Drive up home prices by flooding the market with state-backed buying power

• Primarily benefit large developers and construction unions (new construction only)

• Put families in a riskier financial position by encouraging them to take on two mortgages

Vote NO on another massive bond that makes housing less affordable.

Secretary of State Link to Official Source Documents for all Propositions

https://www.sos.ca.gov/elections/ballot-measures/qualified-ballot-measures?fbclid=IwY2xjawU9KupleHRuA2FlbQIxMABwZG9mAWJyaWQRMTRsZTRyemNRdm1UNG93UkRzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeNTRcdEhbr2bBwr8XnCBWfNIjD6n74cv6eqHsV7jjdBfHkrAVARzrwFWK2qQ_aem_aQY49Q5Y_t1HI_RNweQWiA