House Finance hears presentations, public testimony on $120 million housing bond; advocates press for $150 million and prevailing‑wage protection

The House Committee on Finance on Monday reviewed the governor’s proposal to place a $120,000,000 general obligation housing bond (Question 2) on the November 2026 ballot and heard public testimony urging a larger authorization and stronger labor and affordability requirements.

Secretary of Housing Deborah Goddard told the committee that the administration has focused on implementation since last year, citing the statewide plan Housing 2030 and ongoing funding rounds. "Today, $106,000,000 is already available through active funding rounds that are accepting or have completed applications," Goddard said, noting the bond language gives flexibility to address development, redevelopment and acquisition needs. She said the governor’s proposal requires at least $25,000,000 be set aside for homeownership units.

The hearing opened with staff briefings from committee staffer Sharon, who reviewed the history of housing bonds since 2006, remaining balances from prior authorizations, and how recent ARPA and state fiscal recovery funds intersect with bond spending. Sharon…