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Sacramento Mayor Proposes $9M Housing Fund and MLB Bid

10/21/2025

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Summary

Story summary

Sacramento Mayor Kevin McCarty unveiled a 2026 ballot measure to raise $8-9 million annually for housing, including down payment assistance.
The plan would adjust the city’s real estate transfer tax on high-value sales to fund it.
McCarty also seeks to attract a Major League Baseball team, noting Sacramento hosting the Athletics.
He aims to finish the American River Parkway Trail by 2030 and expand shelter beds, prioritizing tiny home communities.

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Story summary

Sacramento Mayor Kevin McCarty unveiled a 2026 ballot measure to raise $8-9 million annually for housing, including down payment assistance.
The plan would adjust the city’s real estate transfer tax on high-value sales to fund it.
McCarty also seeks to attract a Major League Baseball team, noting Sacramento hosting the Athletics.
He aims to finish the American River Parkway Trail by 2030 and expand shelter beds, prioritizing tiny home communities.