Lawmakers in California are considering a groundbreaking measure that would allow undocumented immigrants to access up to $150,000 in state-supported home loans through the “California Dream for All” program. Here are the key points:

– The program offers 20% in down payment assistance to first-time homebuyers, with income limits based on the recipient’s county.
– The measure is expected to be passed by the Democratic supermajority in the California state legislature.
– Gov. Newsom has not yet indicated whether he will sign the bill into law if it reaches his desk before the Aug. 31 deadline.

Critics, including the Trump campaign, have called the bill “fundamentally unfair,” while Democratic lawmakers argue that it aims to provide equal benefits to all residents of the state. Democratic Assemblymember Arambula, the bill’s author, emphasizes that applicants still need to meet federal requirements, such as having a taxpayer identification or Social Security number.

You can read this full article at: https://papersourceonline.com/california-considering-150k-loans-to-help-illegal-immigrants-purchase-homes/(subscription required)

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