Thank you, Senate President pro Tem Toni Atkins, for championing homeownership for all in California.
The California Association of REALTORS® thank Senate President pro Tem Toni Atkins for her work to secure significant funding in the 2022-2023 budget to create homeownership opportunities for working Californians.
This funding includes substantial investments in the state’s CalHome program, and an innovative new state-funded down payment assistance program, California Dream for All. These investments will create desperately needed affordable housing and will provide opportunities for working families to purchase their first home.
These investments will help deliver the clear benefits of homeownership to more working Californians. Given California’s diverse population, the benefits will be particularly valuable for those communities that have experienced discrimination in housing and face lower rates of homeownership at present.
Homeownership opens the door to true housing and economic security, better health and educational outcomes, and building generational wealth. Now more working Californians can join the homeownership housing ladder leads to economic security.