California bill that would give undocumented first-time homebuyers money despite lack of funding advances

California lawmakers voted a bill through the state Senate on Tuesday that would allow illegal immigrants to apply for their “California Dream for All” first-time homebuyers’ financial assistance program.

AB 1840 requires the California Housing Finance Authority’s home purchase assistance program, or California Dream for All Program, to include undocumented applicants

CALIFORNIA CLOSE TO APPROVING $150K LOANS FOR ILLEGAL IMMIGRANTS TO HELP PURCHASE HOMES

The California Dream for All program passed despite funds running out just 11 days after being instituted in June, which awarded 1,700 first-time homebuyers at the time. Finding more funding for the program was the prime concern in floor debate.

A spokesman for California’s Department of Finance confirmed to KCRA 3 on Tuesday that the California Dream for All has no money left to supply the program.

National Urban League California Legislative Advocacy Day

A view of the California state capitol building on National Urban League California Legislative Advocacy Day on March 13, 2024, in…

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California bill that would give undocumented first-time homebuyers money despite lack of funding advances

 

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