AB-57 • 2026

California Dream for All Program: descendants of formerly enslaved people.

Housing

Vetoed

The latest official action shows the governor vetoed this bill. Check the bill history to see whether lawmakers later overrode that veto.

Sponsor: McKinnor
Last action: 2026-01-22
Official status: Consideration of Governor's veto stricken from file.
Effective date: Not listed

Plain English Breakdown

The bill does not specify what happens if SB 518 is not passed by January 1, 2027.

California Dream for All Program: Help for Descendants of Enslaved People

This bill requires that at least 10% of the California Dream for All Fund be reserved for descendants of enslaved people who are certified by a new bureau, if another bill is also passed.

What This Bill Does

Requires that at least 10% of money in the California Dream for All Fund go to applicants certified as descendants of formerly enslaved people.

Who It Names or Affects

Descendants of formerly enslaved people who are certified by a new bureau
The State Treasury

Terms To Know

California Dream for All Program: A program that provides shared appreciation loans to qualified first-time homebuyers.
Bureau for Descendants of American Slavery: An agency established to certify descendants of enslaved people in the United States, if another bill is passed.

Limits and Unknowns

The bill only takes effect if SB 518 is also enacted and becomes law by January 1, 2027.
It was vetoed by the governor but lawmakers could still override this veto.

Bill History

2026-01-22 California Legislative Information
Consideration of Governor's veto stricken from file.
2025-10-13 California Legislative Information
Consideration of Governor's veto pending.
2025-10-13 California Legislative Information
Vetoed by Governor.
2025-09-16 California Legislative Information
Enrolled and presented to the Governor at 2 p.m.
2025-09-09 California Legislative Information
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 60. Noes 10. Page 3100.).
2025-09-08 California Legislative Information
In Assembly. Concurrence in Senate amendments pending.
2025-09-08 California Legislative Information
Read third time. Passed. Ordered to the Assembly. (Ayes 28. Noes 9. Page 2615.).
2025-09-02 California Legislative Information
Read second time. Ordered to third reading.
2025-08-29 California Legislative Information
Read second time and amended. Ordered returned to second reading.
2025-08-29 California Legislative Information
From committee: Amend, and do pass as amended. (Ayes 5. Noes 2.) (August 29).
2025-08-18 California Legislative Information
In committee: Referred to suspense file.
2025-07-09 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 1.) (July 8). Re-referred to Com. on APPR.
2025-06-24 California Legislative Information
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.
2025-06-18 California Legislative Information
From committee: Do pass and re-refer to Com. on JUD. (Ayes 7. Noes 2.) (June 17). Re-referred to Com. on JUD.
2025-06-11 California Legislative Information
Referred to Coms. on HOUSING and JUD.
2025-05-29 California Legislative Information
In Senate. Read first time. To Com. on RLS. for assignment.
2025-05-29 California Legislative Information
Read third time. Passed. Ordered to the Senate. (Ayes 52. Noes 10. Page 1777.)
2025-05-27 California Legislative Information
Read second time. Ordered to third reading.
2025-05-23 California Legislative Information
From committee: Do pass. (Ayes 11. Noes 1.) (May 23).
2025-05-07 California Legislative Information
Coauthors revised.
2025-05-07 California Legislative Information
In committee: Set, first hearing. Referred to APPR. suspense file.
2025-04-24 California Legislative Information
Re-referred to Com. on APPR.
2025-04-23 California Legislative Information
Read second time and amended.
2025-04-22 California Legislative Information
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 2.) (April 22).
2025-03-28 California Legislative Information
Re-referred to Com. on JUD.
2025-03-27 California Legislative Information
Read second time and amended.
2025-03-26 California Legislative Information
From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 8. Noes 0.) (March 26).
2025-03-04 California Legislative Information
Re-referred to Com. on H. & C.D.
2025-03-03 California Legislative Information
From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
2025-02-25 California Legislative Information
Re-referred to Com. on H. & C.D.
2025-02-24 California Legislative Information
From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
2025-02-24 California Legislative Information
Referred to Coms. on H. & C.D. and JUD.
2024-12-03 California Legislative Information
From printer. May be heard in committee January 2.
2024-12-02 California Legislative Information
Read first time. To print.

Official Summary Text

AB 57, McKinnor.
California Dream for All Program: descendants of formerly enslaved people.
Existing law establishes the California Housing Finance Agency in the Department of Housing and Community Development, and authorizes the agency to, among other things, make loans to finance affordable housing, including residential structures, housing developments, multifamily rental housing, special needs housing, and other forms of housing, as specified. Existing law establishes the California Dream for All Program to provide shared appreciation loans to qualified first-time homebuyers, as specified. Existing law establishes in the State Treasury the California Dream for All Fund, which is continuously appropriated for expenditure pursuant to the program, as specified.
This bill would require, upon establishment of the certification process for the descendants of American slavery established by the Bureau for Descendants of American
Slavery, at least 10% of the moneys in the fund to be reserved for applicants who meet the requirements for a loan under the program and have been certified as descendants of formerly enslaved people, as specified.
This bill would become operative only if SB 518 of the 2025–26 Regular Session is enacted and takes effect on or before January 1, 2027, and establishes the Bureau for Descendants for American Slavery.

Current Bill Text

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