Posted on 03/02/2024 3:35:13 PM PST by E. Pluribus Unum
California Democrats once again prioritized illegal aliens over American citizens, this time by introducing a bill that would allow illegals to receive interest-free home loans.
Democrat assembly member Joaquin Arambula (Fresno) last month introduced Assembly Bill 1840 that would extend a first-time homebuyer loan program to illegal aliens.
“It’s that ambiguity for undocumented individuals, despite the fact that they’ve qualified under existing criteria, such as having a qualified mortgage, underscores the pressing need for us to introduce legislation,” Arambula said in an interview.
“Homeownership has historically been the primary means of accumulating generational wealth in the United States,” he said. “The social and economic benefits of homeownership should be available to everyone.”
From the Los Angeles Times:
Assemblymember Joaquin Arambula (D-Fresno) introduced Assembly Bill 1840 last month to expand the eligibility requirement for a state loan program to clarify that loans for first-time buyers are available to undocumented immigrants.
The California Dream for All Shared Appreciation Loans program that launched last March by the California Housing Finance Agency offered qualified first-time home buyers with a loan worth up to 20% of the purchase price of a house or condominium. The loans don’t accrue interest or require monthly payments. Instead, when the mortgage is refinanced or the house is sold again, the borrower pays back the original amount of the loan plus 20% of the increase in the home’s value.
The original program was established in an effort to help low- and middle-income individuals buy a home, but the program doesn’t address eligibility based on immigration status, Arambula said.
This comes after California became the first state to provide “free” healthcare benefits to illegal aliens in January.
That taxpayer-funded healthcare scheme also includes sex changes for illegal immigrants, the cost of which is believed to top $3 billion.
(Excerpt) Read more at infowars.com ...
Sounds like a lawsuit waiting to happen.
I cannot believe what America has become. This should never be allowed.
it’s the #ing Rats
You’re being replaced.
That will raise the price of homes for other people.
Just like the forgiven student loans are not forgiven. The taxpayers will pay those loans.
BTTT!!!
Wow, it’s like the Democrats are trying to drive away American voters — in favor of those who aren’t eligible to vote.
Well to be pragmatic let them keep this crap up, let Ca be the illegal magnet so they all go there. It is a hopeless rat wasteland so let them all end up there. Sorry to all you good people at FR but you are trapped way behind enemy lines.
My God, what happened to equality for all? If they offered these loans to whites there would be Hell raised!
It’s time to stop all aid to countries who send their people to the U.S. for benefits. Obviously, sending aid to their bastard governments isn’t working when the idiots have to sneak into the U.S. to collect benefits “for a better life.”
This is proof that elections in CA are rigged, because no elected official could win an honest election by giving ILLEGAL immigrants superior treatment than citizens. This must be true in the Loony Left Coast state of California.
Take the money and run for the border
its called saving their real estate values and property tax base...through state subsidies
Well,
Drug mules need homes like anyone else.
“Forget it, Jake. It’s California!”
“I cannot believe what America has become.”
You’re free to move to Russia. Have your wealth plundered, get conscripted, then die in UKR being bombed by your own troops.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.