SCREW AMERICAN HOME OWNERSHIP - Kamala Offering $150,000 TO Illegal's So They Can Buy A Home

SCREW AMERICAN HOME OWNERSHIP - Kamala Offering $150,000 TO Illegal's So They Can Buy A Home

TODAYS SHOW SEGMENT:

Gov. Newsom Mum Over Loan Down Payments For Illegal Immigrants
AB 1840 has been one of the most divisive bills this session

By Evan Symon, August 26, 2024 1:53 pm

A bill that is expected to pass the Senate this week that would help pay for home down payments for illegal immigrants in California had it’s final status be questioned more in the past few weeks, as scrutiny over the bills grows and Governor Gavin Newsom has yet to commit to signing the bill into law.

Assembly Bill 1840, authored by Assemblyman Joaquin Arambula (D-Fresno), would expand eligibility of the California Dream for All program, to be renamed under the bill to the Home Purchase Assistance Program, and remove any disqualifications based on an applicants immigration status. If approved, illegal immigrants can enter the lottery system under the program that gives 20% in down payment assistance up to $150,000. This year, out of 18,000 people who applied to the California Dream for All program, only 1,700 were chosen. The bill would greatly expand the number of applicants, due to the California Dream program targeting low to middle income first time buyers.

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