The California Senate is considering a bill allowing illegal immigrants to access state funding to assist with home down payment loans after the measure passed the Assembly on a vote of 56-15.
Assembly Bill 1840, authored by Assemblyman Joaquin Arambula, would make illegal immigrants eligible for the California Dream for All Program, which provides up to 20 percent of downpayment assistance to prospective homebuyers.
He said everyone should be eligible for the program meant to increase home ownership in California.
“The social and economic benefits of homeownership should be available to everyone,” Mr. Arambula said in legislative analyses. “As such, the California Dream for All program should be available to all.”
He said owning a home is crucial to developing financial security, thus all Californians deserve access to loan assistance.
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