California State Senate Approves Bill to Aid Unauthorized Immigrants in Home Buying
Summary from the AllSides News Team
The California State Senate has approved Assembly Bill 1840, which would allow unauthorized immigrants to apply to the state's first-time homebuying loan program. Now the bill heads to Gov. Gavin Newsom's desk for final approval.
The Details: The program, 'California Dream for All,' offers up to 20% in down payment support, the bill would expand the program to unauthorized immigrants if enacted.
For Context: So far this year, only 1,700 out of 18,000 applicants have received grants through the program. Applicants must provide taxpayer identification or a Social Security number, which includes unauthorized immigrants, who make up about 6% of California's population.
How the Media Covered It: The Sacramento Bee (Lean Left bias) noted that "Lenders have worked with undocumented homebuyers for decades, as the U.S. does not restrict foreigners from buying real estate." Around 22%, or 604,000 people, of the unauthorized population in California owned homes in 2019, the outlet added. The New York Post (Lean Right bias) said, "California Republicans are urging Newsom to veto the measure, arguing that it is a 'handout' and a 'betrayal' of citizens of the state that will incentivize illegal immigration." An editor wrote this summary with the help of AllSides AI.
Featured Coverage of this Story
From the Center
California Migrant Loan Update as State Senate Pushes Bill Forward
The California State Senate has approved a bill that would allow undocumented migrants to apply to the state's first-time homebuying loan program.
Lawmakers passed the measure, Assembly Bill 1840, in a 23-11 vote Tuesday. If the bill makes it through a final vote in the state's Assembly, it would expand eligibility requirements for the California Dream for All Shared Appreciation program, which provides residents up to 20 percent in down payment help when purchasing a home for the first time.
From the Right
Bill That Would Give Illegal Immigrants Up To $150,000 To Buy Homes Heads To Gavin Newsom’s Desk
A bill passed by the California state legislature on Wednesday that would make some illegal immigrants in California eligible for generous cash assistance to buy homes has been sent to the desk for consideration of Democratic California Gov. Gavin Newsom, according to Politico.
Under AB 1840, illegal immigrants with social security or taxpayer-identification numbers would qualify for a program called California Dream for All that gives first-time home buyers up to $150,000, with recipients only having to pay interest if they sell the property, Politico reported. Newsom has declined to comment...
From the Left
California moves toward helping undocumented immigrants with down payments in home loan program
Gov. Gavin Newsom will soon determine if undocumented immigrants in California can qualify for a popular state-backed home loan program. The Democrat-supermajority Legislature passed the contentious measure, Assembly Bill 1840, on Wednesday afternoon. The bill now heads to the desk of Newsom, who will have to weigh the political risk of signing a bill associated with immigration policies during an election year.
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