08/26/2024
California Democrats change the law around home buying utilizing government subsidies. The law would give up to $150,000 to someone borrowing for a home. Typically it was for first time homeowners with low income. The Democrats overrule the Republicans to change the law that says any person that meets the guidelines can get a loan up to $150,000 at 0% regardless of immigration status. Simply put, all the migrants that entered into California now qualify for $150,000 homeowner loan even though they are here illegally. This is a group that is closely tied to VP Harris and endorsed for attorney general. They would mean extremely close to her at present time and they utilize their power among Democrats in California to Lobby the state politicians to vote to allow migrants not vetted or legally in the US to apply for and obtain up to $150,000. Do you think this is what taxpayer dollars should be used for or should you have to be a legal resident of the United States to be able to apply for and receive taxpayer money? Comment below let's see how people feel.
Below is one section describing the loan process.
The loan program, called California Dream for
Illegal or migrant residents .
All, provides 20 percent in down payment assistance, up to $150,000. It is a shared appreciation loan in which the only interest the homebuyer pays would be 15 or 20 percent of the home's increase in value upon selling the property, depending on their income level.