California moves to allow illegals immigrants to ‘buy’ homes with no payment, zero-down loans

California lawmakers proposed legislation that would expand the zero-down, no-payment home "loan" program it has to illegal immigrants.

“Assembly Bill 1840 is an insult to California citizens who are being left behind and priced out of homeownership,” California state Sen. Brian Dahle said in a statement. “I'm all for helping first-time homebuyers, but give priority to those who are here in our state legally." 

According to the LA Times, state assemblymember Joaquin Arambula (D-Fresno) introduced AB-1840 as a bill in the state assembly to expand eligibility for a state loan program that launched last year called the California Dream for All Shared Appreciation Loan program.  

Read Full Article Here
 
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