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California Legislature Extends Exhausted Homebuyer Subsidies to Illegal Immigrants

7 0
29.08.2024

Housing Policy

Christian Britschgi | 8.29.2024 2:55 PM

The California Legislature passed a bill Wednesday that will make illegal immigrants eligible for a state program that subsidizes down payments for first-time, first-generation homebuyers.

Assembly Bill 1840 would allow undocumented immigrants to receive up to $150,000 in down-payment assistance from the California Housing Finance Agency's (CalHFA) Dream For All program, provided they meet all the program's existing eligibility criteria and have a Social Security number or an individual taxpayer identification number.

Proponents argue that the bill will make the program fairer: People who otherwise qualify for the program shouldn't be excluded just because of their immigration status.

"Limiting access to homeownership assistance programs perpetuates inequality and excludes residents of California from........

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