October 5, 2026 - Sacramento, Calif. – California Secretary of State Shirley N. Weber, Ph.D. has announced that an initiative became eligible for the November 7, 2028, General Election ballot on October 2, 2026.

In order to become eligible for the ballot, the initiative needed 874,641 valid petition signatures, which is equal to eight percent of the total votes cast for governor in the November 2022 General Election. This initiative exceeded that threshold.

On June 29, 2028, the Secretary of State will certify the initiative as qualified for the November 7, 2028, General Election ballot, unless it is withdrawn by the proponent prior to certification pursuant to Elections Code section 9604(b).

The Attorney General's official title and summary of the measure is as follows:

REQUIRES UNIVERSITY OF CALIFORNIA TO PROVIDE DOWNPAYMENT HOME LOANS TO CERTAIN STAFF. INITIATIVE CONSTITUTIONAL AMENDMENT. The University of California (UC) currently offers home loans to faculty and managers. This measure requires UC to provide no-interest 20% downpayment loans to non-faculty, non-managerial staff who are first-time homeowners with five years’ experience working for UC. No monthly payments required; staff must repay loan—plus 20% of any increase in home’s value—when home is sold or refinanced. Requires 75% of loans be made available to staff with household incomes at or below area median income. Prohibits using taxpayer funds, tuition, or General Fund to fund loans. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Costs to the University of California of about $30 million annually the first few years to provide new home loans, with annual costs decreasing over a few decades as loans are repaid. (25-0018A1.)

The Secretary of State’s tracking number for this measure is 1995, and the Attorney General's tracking number is 25-0018A1.

The proponent of the measure is Michael Avant. The address for the proponent is c/o Liz Perlman, 425 15th St., Oakland, CA 94612. The proponent may also be contacted at (510) 844-1160 and info@afscme3299.org.

For more information about how an initiative qualifies for the ballot in California, visit https://www.sos.ca.gov/elections/ballot-measures/how-qualify-initiative/.

Source: CA. SoS