NEWS Desk Global
CALIFORNIA COULD BECOME THE FIRST STATE TO ALLOW HOME LOANS TO UNDOCUMENTED IMMIGRANTS
A new California bill that would allow home loans to undocumented immigrants is heading to Governor Gavin Newsom’s desk after being passed by the State Senate Wednesday. If passed, California would become the first state to grant undocumented immigrants state-supported home-buying loans.
“The social and economic benefits of home ownership should be available to everyone regardless of immigration status,” Assemblymember Joaquin Arambulo, the bill’s author, said. AB 1840 would amend the “California Dream for All” program, which gives qualified applicants a 20% down payment or up to $150,000 for their first home, to include undocumented immigrants.
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