Please support SB-417 Veterans' bond act of 2026

 We need your immediate help.

We have a century old program that is in jeopardy.   Please take ten minutes to let your legislator know that you support SB-417 The Veterans and Affordable Housing Bond Act of 2026.  It Must get on the ballot Thursday, 06/25!

As many of you know, we have been advocating for SB 623,, which would continue California's historic CalVet Home and Farm Loan Program. To improve its path through the Legislature, the Veterans' bond language from SB 623 has now been incorporated into SB-417 The Veterans and Affordable Housing Bond Act of 2026. SB 417 is now the bill that carries this important Veterans benefit.

Why SB 417 Matters

• Renews      $1.25 billion in bond authority for the      CalVet Veterans' Home and Farm Loan Program.
• Has helped      nearly 500,000 California Veterans and their families purchase      homes and farms.
• Costs      California taxpayers nothing—Veterans repay their own      loans.
• Current      lending authority is nearly exhausted. Without SB 417, the program will no      longer be able to make new loans.
• California      voters have approved every Veterans Bond placed before them for more than      100 years.

This is a fully earned benefit that helps Veterans achieve homeownership while strengthening our communities.

Please ask your members—and everyone in your network—to contact their Assembly Member TODAY and urge an AYE vote on SB 417.

Please Take Action Today:  Call or email (sample letter below)  your State Senator and Assemblymember today and urge them to support .  Simply ask:

"Please vote AYE on SB 417. It protects California's historic Veterans' Farm and Home Loan Program—a self-funded benefit that has helped nearly 500,000 Veterans achieve homeownership for more than a century."

Time is critical. The success of this legislation depends on our collective voices.

Thank you for your continued advocacy and commitment to California's Veterans.

Together, we remain One Powerful Voice.

Ramona
Ramona Chávez, Capt, USAF (ret)

CALMOAA President

M: 925-963-2711

Never Stop Serving

-------------------------------------------------------------------------------------

Dear X,

I am writing in strong support of SB-417 The Veterans and Affordable Housing Bond Act of 2026.  As your constituent and a member of the Veteran community, I respectfully urge your AYE vote when SB 417 comes to the floor.

SB 417 asks California voters this November to renew the CalVet Veterans' Farm and Home Purchase Program with $1.25 billion in dedicated funding.  For more than a century this program has helped nearly 500,000 Veterans buy a home or a farm with a low-interest loan. The Veterans who use the loans pay them back, so the program costs the taxpayers nothing. Its current lending authority is almost gone.  Without this measure, that promise to the next generation of Veterans runs out.

This program costs the state nothing.  Veterans repay their loans through their monthly mortgage payments, those payments retire the bonds, and the program has operated at zero net cost to the General Fund for its entire history.   It currently serves about 4,800 active loans totaling $1.2 billion.  Demand is rising, not falling: in the last fiscal year CalVet funded more than $245 million in loans, a 22.5 percent increase over the year before.

CalVet's remaining bond authority will be fully depleted by the October 2027, without your vote, this century old benefit vanishes.  This is a fully earned benefit that helps Veterans achieve homeownership while strengthening our communities.

I respectfully urge your aye vote on SB-417!

Respectfully,

Name

City, State Zipcode

Email address

We offer a variety of programs aimed at addressing the needs of our community, including education, healthcare, and social services. Learn more about our programs and how you can benefit from them.

Have a question or a suggestion? We're always here to help. Contact us today and we'll get back to you as soon as possible.