Key facts
- Housing affordability is a central theme in the 2026 gubernatorial elections.
- Virginia and New Jersey governors have enacted housing legislation.
- 36 states will elect governors in 2026.
- California's Democratic candidate Xavier Becerra plans to declare a housing state of emergency.
- Florida voters will decide Amendment 3, a homestead exemption increase, in 2026.
- Texas Republican Governor Greg Abbott proposes cutting new home costs by over $16,000.
Housing affordability is poised to be a central issue in the 2026 gubernatorial elections, with 36 states electing new governors. The outcomes will significantly influence legislative sessions and housing policies across the country. In 2025, Virginia Governor Abigail Spanberger signed a faith-based housing law, and New Jersey Governor Mikie Sherrill enacted a ban on algorithmic rent-setting, signaling a trend of Democratic governors prioritizing housing costs.
National housing supply advocates are preparing for extensive legislative efforts in 2027, focusing on compliance with the new 21st Century ROAD to Housing Act, which aims to increase supply through regulatory changes and limit investor purchases of single-family homes. This federal law could take years to implement fully.
In California, Democratic candidate Xavier Becerra plans to declare a housing state of emergency and enforce tenant protections, while Republican Steve Hilton proposes capping government fees and mandates on new homes. Florida voters will decide on Amendment 3, which would increase homestead exemptions, with Republican Byron Donalds supporting it and Democrat David Jolly opposing it. Texas Governor Greg Abbott aims to reduce new home costs through faster inspections and pre-approved designs, while Democratic state Rep. Gina Hinojosa seeks to restrict corporate home purchases.