California Senate Approves $150K Home Loans with One Catch

In a move that has set the stage for heated political debates, the California Senate has passed bill AB 1840, known as the “California Dream for All” program. This controversial bill proposes state-supported home loans of up to $150,000 for illegal immigrants, intended for use as down payments on homes. As the bill advances to Governor Gavin Newsom’s desk, the political climate surrounding it is as charged as a summer storm on the horizon.

The “California Dream for All” program is designed to assist first-time homebuyers, specifically including those who are undocumented immigrants. The eligibility criteria are set with an emphasis on first-generation homeownership, and participants’ income levels must fall below certain county-specific limits. This initiative comes at a time when immigration is a focal point in national politics, with the Trump campaign highlighting border control issues as a key talking point.

Reactions to the bill have been mixed, with strong opinions coming from all corners. Republican critics have been vocal, with some decrying the bill as prioritizing illegal immigrants over citizens, including veterans and local families. Social media platforms are abuzz with comments like those from political figures who argue that the bill diverts much-needed resources away from legal residents. The sentiment on platforms such as X (formerly Twitter) reflects a broader discontent, echoing concerns of taxpayers who feel overlooked.

On the flip side, proponents of the bill argue that it represents an inclusive step forward in addressing housing inequality, acknowledging the contributions of undocumented immigrants to the state’s economy. They see it as a reflection of California’s progressive values, a step toward recognizing the diverse fabric of its population.

The political stakes are high, and Governor Newsom’s decision on whether to sign the bill will undoubtedly reverberate beyond California. The timing is particularly significant as it coincides with a national election year, where immigration policies are under intense scrutiny. Newsom, who has been a prominent supporter of Biden and Harris, faces the delicate task of balancing state interests with national political dynamics.

If signed into law, the bill could set a precedent, sparking similar initiatives in other states or fueling further debate about immigration policies at the federal level. Either way, California’s “California Dream for All” program is poised to be a defining issue, emblematic of the broader national conversation on immigration and housing that continues to unfold in America’s political landscape.

0 0 votes
Article Rating
16 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Mike

You are a stipid fik

Maya Certs

California taxpayers should begin immediate recall of these politicians.

Ron C

The citizens in California are to dumbed down to even see what they have done!

StanB

You do know that ALL Californians don’t vote for these intellectually challenged libs. If you look at the vote returns, it’s only the coastal areas that vote lib, all the middle and inland area’s vote conservative. Unfortunately the population centers are L.A., San Diego, San Fran. that destroy the state.

Neil Glenn

This may well be the best way yet to get rid of illegals. Note the provision that this is only for those below certain income limits. Allowing someone to buy a home who’s actually unqualified financially almost certainly will result in them being UNABLE to continue mortgage payments for long, and then being evicted. This HAS happened before in the US! (refer to “Subprime Mortgages 2007- 08) And they probably will have to go back to their home countries. Of course, the sickenly-soft liberals will probably come back with welfare funds to CONTINUE their (but paid-for by the OTHER citizens) pious support!

Nicholas

Jut a repeat of the Dem’s welfare mortgage meltdown of 2008-9.

drosack

AAAAHHHhhahahahahahahahahahahahahahahahahahahahahahahahahahahahaah

Duane Adams

The catch is that you have to vote Democrat only.

Bret

If you have to have minimum income to qualify in a state with ridiculously high housing costs. I suspect very few will qualify but the left can virtue signal and say how inclusive and caring they are. I hope it works and then the red states can advertise for CA , to send the illegals their way.

Nicholas

Pretty good for a State that is $70 Billion in debt. Will they be borrowing the money from China?

Ron C

I highly doubt China is that stupid to loan money to California, they are now heavily invested into to BRICs currency, backed by gold!

FAAQTWO

More joyful news from the Lunatic left – where do the money com from Gavin – oh that’s right from the taxpayers – have you asked them how they like this idea? It would appear that the lunatics are running the asylum

Ron C

It appears the idiot citizens continue to vote for the Democrats.

melanie

What lunacy!!!!! What stupidity! This is why people are moving out of California!

Ron C

The folks in California are beyond help, and deserving of being criminal victims, I wish there was a way the democrats get the worst of it, but there is no way to ensure that outcome!

StanB

Please remember, ALL of us aren’t liberals and some of us can’t leave due to family. I wouldn’t be here another minute if moving away from my children wouldn’t be devastating.

Sponsored