California Moves to Expand Zero-Down, Interest-Free Home Loan Program to Illegal Immigrants

5Mind. The Meme Platform

A proposed law would expand California’s homebuyer assistance program of zero-interest loans for the down payment on a home to illegal immigrants.

A controversial bill that would let illegal immigrants receive the same kind of homebuyer assistance as U.S. citizens has advanced in the California state legislature, drawing criticism from those who object to granting perks to people who break the law by entering the country illegally.

The measure, Assembly Bill 1840, was first introduced in mid-January, and after several amendments, it advanced last week to the Committee on Housing and Community Development, where it awaits further action.

Assembly Bill 1840 would change existing law to allow illegal immigrants to be eligible for the California Dream for All Fund, which provides interest-free loans for a down payment on a home for first-time buyers.

The bill was introduced by California Assemblyman Joaquin Arambula, a Democrat, who last month told GV Wire, a Fresno-based news outlet, that he “wanted to ensure that qualified first-time homebuyers include undocumented applicants.”

Last week, as the bill advanced to committee after amendments, Mr. Arambula told the Los Angeles Times that, historically, homeownership has been the main way people accumulate generational wealth in the United States.

“The social and economic benefits of homeownership should be available to everyone,” he said, arguing that it’s wrong to exclude people from the benefits of the California Dream for All Fund program just because they’re illegal immigrants.

Some lawmakers expressed opposition to the measure as it moves closer to becoming law.

“Assembly Bill 1840 is an insult to California citizens who are being left behind and priced out of homeownership. I’m all for helping first-time homebuyers, but give priority to those who are here in our state legally,” California Sen. Brian Dahle, a Republican, said in a post on X, formerly Twitter.

More Details

The California Dream for All Fund program, administered by the state’s Housing Finance Agency, provides loans for 20 percent of a home’s value but no greater than $150,000.

By Tom Ozimek

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Ukraine’s Corruption Scandal Might Pave The Way For Peace If It Takes Yermak Down

“This week’s events prompt re-evaluation as ruling party members demand the resignation of Chief of Staff Andrey Yermak, alleging he knew about the racket.”

‘Why Do You Hate Psychiatry?’

“Why do you hate psychiatry?” read the subject line, a reference to my many writings littering the internet deriding the profession and its apologists, like this gentleman.

Tucker Carlson Exposes Trump Assassination Oddities

The FBI told us Thomas Crooks tried to kill Trump last summer but somehow had no online footprint. We have his posts. Why did the FBI lie?

Trump’s Outreach to Mamdani Could Benefit New York—If Done Right 

Trump meeting with NY Mayor-elect Mamdani could shape U.S. politics, offering potential benefits if both leaders act pragmatically over ideology.

Poland’s Railroad Sabotage Incident Is Highly Suspicious

Poland’s railroad sabotage incident might therefore be a false flag for achieving other goals, particularly the worsening of Russian-US tensions.

Federal Judge Orders Trump Admin to End Deployment of National Guard in DC

A federal judge on Nov. 20 ordered the Trump administration to end its deployment of National Guard troops in the nation’s capital.

Child Care Costs Higher Than Rent for Millions of Americans, Analysis Finds

Millions of Americans pay more for child care than rent every month, according to a new analysis by online lending marketplace LendingTree.

Few Americans Want to Get a New COVID Vaccine: Survey

A majority of adults in a new survey have said that they do not want to get an updated COVID-19 vaccine.

FBI Targets ‘764’ Network That Preys on Victims as Young as 9

FBI leaders say more than 300 probes are underway...

Trump Suggests Death Penalty for Democrats Who Called for US Troops to Defy ‘Illegal Orders’

Trump condemned six Democrats for urging troops to defy orders, calling their actions seditious and deserving harsh punishment.

Trump Signs Bill to Release Epstein Files

President Donald Trump on Nov. 19 signed into law a bill to release the files surrounding deceased sex offender Jeffrey Epstein.

Trump Nominates 20-Year ATF Veteran to Be New Director

President Trump has nominated a 20-year veteran of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), Robert Cekada, to be its new director.

Trump Touts $270 Billion in Business Deals With Saudi Arabia at Investment Forum

President Trump touted $270 billion in new business deals signed between the U.S. and Saudi Arabia in energy, artificial intelligence, finance, and aerospace.
spot_img

Related Articles