Money for Migrants

The California Senate passed a controversial bill this week that would allow some illegal immigrants to secure first time home buying loans.

Last year, California launched the California Dream For All Shared Appreciation program, which was created to help low and middle income individuals buy homes.

If AB 1840 becomes law, it would expand the eligibility requirement for the California Dream For All Shared Appreciation program, to allow migrants who live in the state to use it.

Not all migrants would qualify for the program; they must be able to show that they pay taxes and provide a taxpayer ID or a Social Security number.

“An applicant who meets all other requirements for a loan under the program and who is otherwise eligible under applicable federal and state law, shall not be disqualified solely based on the applicant’s immigration status,” according to the language of the bill.

Should California be helping illegal migrants buy homes with taxpayer money while many needy Californians receive no such help?

Leave a Comment