Posted on 04/07/2024 2:10:59 PM PDT by artichokegrower
Applications for California’s down payment assistance program for first-time homebuyers are now open.
The state-funded program, called Dream For All, will be giving out $250 million to assist thousands of first-time homebuyers this year. Buyers can receive up to $150,000 towards their purchase.
(Excerpt) Read more at ktla.com ...
All borrowers, including co-borrowers, must be a first-time homebuyer, defined as someone who has not owned a property or lived in a home owned by a spouse during the past three years At least one person must be a first-generation homebuyer meaning their parents do not own a home in the United States All applicants must be California residents
California resident. Not citizen, not resident alien. Illegal aliens are eligible
Except tax payers in California. Their dream is for competent, thrifty government not giving away their hard-earned money.
“At least one person must be a first-generation homebuyer”
IOW it is entirely for illegal aliens.
quote “At least one person must be a first-generation homebuyer meaning their parents do not own a home in the United States”
yep! handout to illegals.
Bribing people to come back or is this for Illegals to send to their home countries ,LOL
So if they gave out $100K each, that would only be 2,500 recipients. Big deal.
And how will they afford the payments and the upkeep?
“At least one person must be a first-generation homebuyer meaning their parents do not own a home in the United States”
Anyone whose ancestors served in the US military during a time of crisis or war…need not apply
"Oppressed California taxpayers are giving up to $150,000 to help first-time homebuyers"
There! Fixed it.
Consider related threads ...
Illegals WILL be voting in the 2024 election. Biden is flying them in to vote. (4.3.24)
California audit finds state is broke: $55 billion more owed than available (3.20.24)
Illegal Aliens Will Get Interest-Free Home Loans Under New Democrat California Bill (3.2.24)
Gavin Newsom let California default on $18.6B in fed unemployment loans (5.8.23)
Democratic and Republican Trump-supporting patriots need to support hopeful Trump 47 with a new patriot Congress that will not only support Trump to finish draining the swamp, but also do its duty to guarantee each state a republican form of government by supporting him in closing the border and sending illegal aliens home.
"Article IV, Section 4: The United States shall guarantee to every State in this Union a Republican Form of Government [emphasis added], and shall protect each of them against Invasion; and on Application of the Legislature, or of the Executive (when the Legislature cannot be convened) against domestic Violence."
Are illegal aliens the target demo?
“”And how will they afford the payments and the upkeep?””
They do not have to keep paying. Two or three months of mortgage payments, then just stop paying and hire the Kalifornia attorneys that specialize in Squatters Rights. Yes, you read it correctly, Squatters Rights. While not as large as the Kalifornia Homeless Industrial Complex, just look up the phrase Squatters Rights in Kalifornia. Getting people out of a home is evil to the Kalifornia Politburo.
Let me get this straight.
We need more illegals so they can pick fruits and vegetables to keep costs down.
And we also need to give them $150k each so they can buy houses.
Makes sense.
/s
I thought Kali-Fornia was deeply in debt?
IIRC, Newsom and the Democrats took a $50 billion surplus to a $25 billion deficit?
Where does he get the money for this boondoggle?
Cartels and human trafficking groups will get all of this $$$$$.
And how many billions of $$$ is California in debt now?
Oh, there’ll be another program dontcha know.....this is how gubmint works. Start one program which creates problems which begets another program to solve the problem created by gubmint and on and on and on.
I believe they have to pay it back.
I would think that this would add to the ever increasing rent prices in Cali, yes?
And when they default let me take a wild guess who is on the hook...
This is how we got astronomical college tuition... “help” from the goobermint.
They’ll pay it back twice:
Just their Property Taxes will be $150k over 12-15 years.
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