Californians have approved a new homebuying assistance program that will let people purchase newly built homes with just 3% down instead of the standard 20%.

The next bubble in California is coming....

Californians have approved a new homebuying assistance program that will let people purchase newly built homes with just 3% down instead of the standard 20%. https://t.co/dSLy7M0NHu https://t.co/fW1eUWrN9q

— California Post (@californiapost) November 5, 2026