WorldNetDaily
‘Quite literally taking money away from law-abiding citizens, their own constituents, and handing it over as a free gift to people who broke federal law to cross the border illegally’
California lawmakers are one step closer to making hundreds of millions of taxpayer-funded home loans available to residents living in the country illegally.
Democrats on the California Senate Appropriations Committee unanimously approved AB 1840 to move forward on Thursday, according to an official vote tally of the legislation. The bill has one last chance to be struck down on the Senate floor, where Democrats wield majority power, before it lands on Gov. Gavin Newsom’s desk.
The legislation seeks to amend the California Dream For All Shared Appreciation Loan program, an initiative launched last year that provides first-time homebuyers with a loan of up to 20% of the house’s purchase price for down payment or closing cost. If passed and signed into law, illegal migrants living in California would be eligible to apply for a piece of the pie.
“Once again, California has chosen to prioritize illegal immigration and fiscal irresponsibility over the needs of its citizens, all while facing a $60 billion deficit that will ultimately be passed onto taxpayers,” San Diego County Supervisor Jim Desmond said in a statement provided to the Daily Caller News Foundation.
“California is in dire financial straits, yet lawmakers continue to prioritize programs that incentivize illegal immigration and strain local resources,” Desmond continued. “Expanding this program to include illegal immigrants is not just another handout — it’s a massive overreach that shifts the financial burden onto law-abiding taxpayers.”
These taxpayer-funded home loans are interest-free and borrowers are not required to dole out monthly payments, making the program incredibly popular with California residents.
When applications for the $300 million program first opened up in May 2023 — offering interest-free loans to roughly 2,300 middle and lower-income homebuyers — the money ran out in less than two weeks, according to the LA Times. State officials have since tightened eligibility for the program, requiring that at least one of the applicants be a first-generation home buyer and replacing the first-come-first-serve model with a lottery.
Despite California struggling to cope with a budget deficit in the tens of billions of dollars, and availability for the program incredibly tight already, one state lawmaker felt the loan program wasn’t inclusive enough.
Assemblymember Joaquin Arambula, a Democrat from Fresno, first introduced AB 1840 in January, with the goal of broadening the definition of “first-time home buyer” to include illegal immigrants. The lawmaker argued in March that the “social and economic benefits of homeownership should be available to everyone,” according to a local news KTLA. Arambula did not immediately respond to the the DCNF’s request for comment…
READ FULL ARTICLE HERE… (wnd.com)
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