California State Senate Approves Taxpayer-Funded Home Loans for Illegal Immigrants

Bill AB 1840 Passed in California State Senate

The California State Senate has passed AB 1840, a bill that allows illegal immigrants to apply for taxpayer-funded down payments on homes up to $150,000. The decision has been seen by some as a betrayal of the state's citizens.

Implications of the New Law

Given that US median home prices are at record highs, there are concerns about what the implications of this "free-money" will be. The state of California could soon implement a law that makes illegal immigrants eligible to receive as much as $150,000 in taxpayer-funded loans to buy new homes.

Details of the "California Dream for All" Act

According to reports, the "California Dream for All" act is likely to get approval from the predominantly Democrat-controlled state legislature. The act seeks to establish a statewide program that provides 20% in down payment assistance, up to $150,000, for illegal immigrants who want to buy homes in the state. The only conditions for application are that the applicant must be a first-time and first-generation homebuyer, and their income levels must be below a certain limit relevant to the county where they live.

Governor's Stance on the Bill

California Governor Gavin Newsom has not yet indicated whether he will sign the bill into law. His office stated that the governor "doesn't typically comment on pending legislation," but that "if the bill reaches his desk, the Governor will evaluate it on its merits."

Defending the Bill

Democrats in the state have defended the bill, arguing that it promotes equality and provides the same opportunities to illegal immigrants that American citizens have. Assemblyman Joaquin Arambula, the author of the bill, has stated that the legislation would still require applicants to meet federal requirements, which includes providing either taxpayer identification or a Social Security number, both of which are things that illegal immigrants are generally not supposed to have.

Similar Efforts in Other States

A similar effort is underway in the state of Oregon, where a taxpayer-funded organization called Hacienda CDC is offering handouts of up to $30,000 exclusively to illegal immigrants as down payment assistance in buying new homes.

Bottom Line

This move by the California State Senate is bound to stir up debate on the issue of taxpayer-funded benefits for illegal immigrants. It raises questions about the balance between promoting equality and the responsible use of taxpayer money. What are your thoughts on this development? Share this article with your friends and start a conversation. Don't forget to sign up for the Daily Briefing, which is available every day at 6pm.