{"id":2194876,"date":"2024-03-07T13:33:03","date_gmt":"2024-03-07T18:33:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/calif-zero-down-interest-free-home-loan-program-to-be-offered-for-illegal-immigrants\/"},"modified":"2024-03-07T13:33:03","modified_gmt":"2024-03-07T18:33:03","slug":"calif-zero-down-interest-free-home-loan-program-to-be-offered-for-illegal-immigrants","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/calif-zero-down-interest-free-home-loan-program-to-be-offered-for-illegal-immigrants\/","title":{"rendered":"Calif: Zero-Down, Interest-Free Home Loan Program To Be Offered For Illegal Immigrants"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcalif-zero-down-interest-free-home-loan-program-to-be-offered-for-illegal-immigrants%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2194876&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">A sold sign is posted in front of a new home in a housing development April 23, 2010 in Pacifica, California. Sales of new homes surged nearly 27 percent in March, the largest single-month increase in 47 years. (Photo by Justin Sullivan\/Getty Images)<\/figcaption><\/figure>\n<p>OAN\u2019s\u00a0<a href=\"https:\/\/www.oann.com\/tag\/brooke-mallory\">Brooke Mallory<\/a><br \/>10:22 AM \u2013 Thursday, March 7, 2024<\/p>\n<p>The California state legislature is purportedly in the works of approving a contentious bill that would allow illegal immigrants to receive the same homebuyer help as citizens of the United States.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>However, the idea has drawn criticism from those who believe that benefits should not be given to anyone who breaks the law by entering the country illegally.<\/p>\n<p>Assembly Bill 1840 was initially introduced in the middle of January. Following a number of revisions, it was moved last week to the Committee on Housing and Community Development, where it is currently pending further action.<\/p>\n<p>Bill 1840 would amend current legislation in order to let undocumented immigrants who have illegally entered the U.S. to apply for the \u201cCalifornia Dream for All Fund,\u201d which offers interest-free loans to first-time homebuyers for a down payment.<\/p>\n<p>California Democrat Assemblyman Joaquin Arambula first introduced the bill. He stated to the Fresno-based news outlet <em>GV Wire<\/em> last month that he \u201cwanted to ensure that qualified first-time homebuyers include undocumented applicants.\u201d<\/p>\n<p>After revisions, the bill was sent to the committee last week. Arambula told the<em> Los Angeles Times<\/em> that homeownership has always been the primary means for Americans to build wealth over generations, so he felt that this would help illegals feel more at home and like a \u201ctrue American.\u201d<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThe social and economic benefits of homeownership should be available to everyone,\u201d Arambula said. He also argued that it\u2019s \u201cwrong to exclude people\u201d from the benefits of the California Dream for All Fund program, even if they are here illegally.<\/p>\n<\/blockquote>\n<p>However, as the proposal approaches passage into law, other legislators have voiced their opposition to it.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cAssembly Bill 1840 is an insult to California citizens who are being left behind and priced out of homeownership. I\u2019m all for helping first-time homebuyers, but give priority to those who are here in our state legally,\u201d said California Sen. Brian Dahle, a Republican, on X (Twitter).<\/p>\n<\/blockquote>\n<p>The state\u2019s Housing Finance Agency oversees the California Dream for All Fund program, which offers loans up to $150,000 for 20 percent of a home\u2019s worth.<\/p>\n<p>When selling or transferring the property, qualified buyers return the loans plus 20 percent of any value growth. With 15% of the appreciation due, applicants who make less than the county\u2019s area median income are given a small break. In the event that the value of a home declines, only the principal will be repaid, making the loan technically interest-free.<\/p>\n<p>The California Health and Safety Code\u2019s Section 51523 is intended to be changed by the proposed bill.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cAn applicant under the program shall not be disqualified solely based on the applicant\u2019s immigration status,\u201d will be a new revision purportedly added to the law.<\/p>\n<\/blockquote>\n<p>Arambula has adamantly defended the policy, saying in the <em>GV Wire<\/em> interview last month that since the loans are meant to be repaid with an appreciation charge, the state budget will [allegedly] not be impacted.<\/p>\n<p>Despite the program\u2019s net neutral to positive impact on the state budget, critics contend that it actively encourages illegal immigration and sends the wrong message.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWe have a huge housing crisis in California and anything we can do to get people into housing we should do. However, we should help our own first.\u00a0This next generation of people growing up can\u2019t afford a house. I\u2019ve got two kids in their early 30s and most of their friends do not own houses,\u201d said San Diego County Supervisor Jim Desmond, a Republican.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote data-service=\"twitter\" data-category=\"marketing\" data-placeholder-image=\"https:\/\/c3.oann.com\/wp-content\/plugins\/complianz-gdpr\/assets\/images\/placeholders\/twitter-minimal.jpg\" class=\"cmplz-placeholder-element twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">You incentivize illegal immigration by providing free healthcare, free unemployment benefits and tons of other freebies.  It\u2019s no wonder we are getting thousands of people by the day.<\/p>\n<p>This is on you as much as the Federal Government. <a href=\"https:\/\/t.co\/SBvHinZRlx\">https:\/\/t.co\/SBvHinZRlx<\/a><\/p>\n<p>\u2014 Supervisor Jim Desmond (@jim_desmond) <a href=\"https:\/\/twitter.com\/jim_desmond\/status\/1763994236163330300?ref_src=twsrc%5Etfw\">March 2, 2024<\/a><\/p><\/blockquote>\n<p><script type=\"text\/plain\" data-service=\"twitter\" data-category=\"marketing\" async data-cmplz-src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> <\/div>\n<\/figure>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWhat\u2019s striking about the people being dropped here by the Border Patrol is about 70 percent of them are single males,\u201d he told <em>Fox News<\/em>.<\/p>\n<\/blockquote>\n<p>Meanwhile, the leader of the Border Patrol union has issued a warning over the substantial increase in the number of foreigners, specifically Chinese men who are of military age, that are entering the country illegally.<\/p>\n<p>In a recent interview with the television program \u201cJust the News, No Noise,\u201d President Brandon Judd of the National Border Patrol Council expressed his belief that a portion of these Chinese migrants could be spies attempting to enter the United States on behalf of China\u2019s communist government.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cAt best, they\u2019re here for a better life,\u201d Judd said. \u201cAt worst, they\u2019re here to be part of the Chinese government to infiltrate our own country.\u201d<\/p>\n<\/blockquote>\n<p>Stay informed! Receive breaking news blasts directly to your inbox for free. Subscribe here.\u00a0<a href=\"https:\/\/www.oann.com\/alerts\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Kimberly Fletcher<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Karoline Leavitt<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Bill Wells<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Rep. Tim Burchett<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Investors have piled into Nvidia-focused ETFs this year on the frenzy around AI.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>LinkedIn for the first time disclosed sales for its premium subscription business as the company sees an uptick in adoption of new AI tools.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Over the past several years, social media companies have developed the practice of curbing the free speech of users who don\u2019t fall in line with Silicon Valley\u2019s narratives.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Apple has terminated Epic Games\u2019 developer account, the Fortnite video game maker said on Wednesday.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A sold sign is posted in front of a new home in a housing development April 23, 2010 in Pacifica, California. Sales of new homes surged nearly 27 percent in March, the largest single-month increase in 47 years. (Photo by Justin Sullivan\/Getty Images) OAN\u2019s\u00a0Brooke Mallory 10:22 AM \u2013 Thursday, March 7, 2024 The California state<\/p>\n","protected":false},"author":1866,"featured_media":2194877,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/03\/GettyImages-98635349.webp","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2194876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/03\/GettyImages-98635349.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2194876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1866"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2194876"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2194876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2194877"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2194876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2194876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2194876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}