California could approve a new measure that would make illegal immigrants eligible for up to $150,000 loans for down payments using taxpayer funding.
The proposed legislation, introduced by California Democrat Joaquin Arambula, would permit illegal aliens to apply for a state-sponsored down payment for 20% of their first mortgage under the Dream for All home loan program.
While currently low-income first-time buyers are already eligible, Arambula’s bill aims to extend this to “tax-paying illegal aliens,” as if there is such a thing.
“This bill would specify that an applicant who meets all other requirements for a loan under the program including, but not limited to, any requirements imposed on the agency in administering the program by specified entities, and who is otherwise eligible under applicable federal and state law, shall not be disqualified solely based on the applicant’s immigration status,” the legislation states.
If passed, the bill will free up $300 million from the state’s general fund. All applicants will still be required to go through the state lottery system which, in the past year, saw less than 10% of eligible residents selected for government assistance.
California’s currently in the political spotlight given it’s the home of Democratic Party nominee Kamala Harris. Her tenure as Vice President has seen illegal immigration skyrocket since January 2021, with conservative critics labeling her the “border czar” under Joe Biden’s administration.
Many were critical of the state’s plans to use taxpayer dollars to fund housing for illegal aliens.
Others came up with alternative solutions in response to the bill.
