‘California Dream for All’: Bill to Give Illegals State-Backed, Interest-Free Homeowner Loans

Homeless Americans in a tent city in Los Angeles, Youtube screenshot

California has a deficit of $73 billion. California has 181,399 homeless people, which accounts for 28% of the nation’s homeless population. On January 1, 2024, California became the first state to extend ‘free’ healthcare benefits to illegal aliens.

Now, Democrat Assemblyman Joaquin Arambula has introduced a bill to expand the California Dream for All Shared Appreciation Loans program that was originally intended to help low- and middle-income individuals buy a home. California already has a crippling problem with Americans citizens who are homeless. Arambula wants the program to include illegal immigrants. The bill would grant illegal aliens interest-free state loans to buy their first homes. The state-backed loans are worth up to 20% of the purchase price of a house or condominium. The loans don’t accrue interest or require monthly payments. Instead, when the mortgage is refinanced or the house is sold again, the borrower pays back the original amount of the loan plus 20% of the increase in the home’s value. Arambula’s bill would allow money from California’s general fund or other state fund may be appropriated to pay this program.

.

It’s the “California Dream for All.”

Well… not all, exactly, but the swarm of military-age migrants who are illegally crossing into the Golden State from Mexico are sure thrilled with Assembly Bill 1840.

The bill was introduced earlier this year by Democrat Assemblyman Joaquin Arambula and would grant the law-breakers interest-free state loans to buy their first homes, even as thousands of homeless Americans blanket California’s streets with tents.

According to the Los Angeles Times, “The California Dream for All Shared Appreciation Loans program that launched last March by the California Housing Finance Agency offered qualified first-time home buyers with a loan worth up to 20% of the purchase price of a house or condominium.”

“The loans don’t accrue interest or require monthly payments,” the Times explains. “Instead, when the mortgage is refinanced or the house is sold again, the borrower pays back the original amount of the loan plus 20% of the increase in the home’s value.”

But what about the nearly 100,000 migrants who’ve invaded San Diego in the past six months alone? How will American citizens residing in California pay for their dreams to come true?

It’s that “ambiguity” that Arambula hopes to clear up with the updated AB 1840.

“It’s that ambiguity for undocumented individuals, despite the fact that they’ve qualified under existing criteria, such as having a qualified mortgage,” Arambula told the Times. “Underscores the pressing need for us to introduce legislation.”

The revised bill now stipulates that an applicant under the California Dream for All Program “shall not be disqualified solely based on the applicant’s immigration status.”

“Without the explicit status, undocumented individuals may be discouraged or left out of the opportunity to participate, Arambula said,” according to the Times.

And God forbid we discourage illegal migrants.

“Homeownership has historically been the primary means of accumulating generational wealth in the United States,” Arambula said. “The social and economic benefits of homeownership should be available to everyone.”

To EVERYONE, and California citizens should pay for it.

Read full article here…

Gateway Pundit:      https://www.thegatewaypundit.com/2024/03/illegal-aliens-get-interest-free-home-loans-under/

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.

Recent stories & commentary

  • Save
War

Congress Moves Toward Automatic Registration for a Military Draft

June 21, 2024 AntiWar 8

A proposal expands required draft registration to young women. Another proposal is for automatic registration for young men only. The automatic registration would use data gleaned from the Social Security Administration, IRS, US Citizenship and Immigration Services, etc to identify and locate the young men.

Classified Ads

The appearance of ads on this site does not signify endorsement by the publisher. We cannot vouch for accuracy of statements or integrity of advertisers. We will investigate complaints, however, and remove any message we find to be misleading or that promotes anything fraudulent or unethical.
For ad rates, click here.

Health


G. Edward Griffin’s blood pressure dropped to healthy levels and stayed there after using Cardio Miracle, a nitric-oxide booster containing a blend of ingredients that supports the body’s natural defense against heart disease, atherosclerosis, cancer, diabetes, Alzheimers, and more. If you are over 40, you really should check this out.



JWLABS – Building fine Rife frequency instruments in the USA since 1987.
We offer customer support and an exceptional warranty. Learn why all households and clinics should employ this device. Call us at 888-891-1122 to discuss the many benefits.   www.rifemachine.com



Learn Natural Medicine practice at home! There is NO Freedom without Health Freedom. There is NO Health Freedom without Informed, Voluntary Consent. There is no informed consent without education and understanding. American College of Natural Medicine, Thai Yoga Center provides you and your family with spiritually based natural health education. ThaiYogaCenter.Com or https://naic-edu.org

The Heavenly Handbook of Health. “WOW! U want FeedBack? So far I am floored. If I’ve learned anything about you since we met; this book has the potential to be a blockbuster.” Read 18pg Teaser @ HeavenlyHandbookofHealth.com Simple, incredible, affordable health – any age!



Health with space-age technology and Quantum physics. For people and all animals. No medication! Available world wide! Contact us at [email protected]. For principals and testimonials please visit our website. www.Healthytherapy.com


Income


Ultimate Wealth Building Guide reveals 5 steps to create your own banking system to achieve lifetime financial security, certainty, and peace of mind in 60 days. Discover how to build and grow lasting wealth safely and predictably, regardless of market and economic cycles. www.mywealthwarehouse.com


Make money on money you are already spending. Join the world’s largest shopping network. Eleven-year-old company in 46 countries. Info and free membership. www.freedombuildersinternational.com



Are you ready for financial freedom?
Visit:  www.MoneyThatsReal.com



Free Report: Three Major Shifts That Signal Risks to Your Investments Are Headed Higher. Including the one action every investor should take right now to protect their portfolio against significantly rising risks. http://BuyAndStoreGold.com/pl-geg/


Money & Banking


Lawful 100% income tax avoidance: a right recognized by IRS and Supreme Court. Request free report: [email protected] or find NoThanksIRS on FB/Twitter.


Need to Know


Anxiety Publishing – providing more satisfying novels to the conscious community, stories based in a real world, not the illusion of the establishment. Promote your precious novel with your fellow authors and help build a collection of future classics. anxietypub.com



Being informed is not enough. Knowledge, by itself, is not power, but it holds the potential for power if used as a guide for action. Truth can be overpowered by tyranny only if we fail to enter the battle. The future belongs, not to ideas, but to people who act on those ideas. If you truly want to make a difference in the world, Freedom Force International awaits you.


For Sale


Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)

 


Subscribe
Notify of
guest
7 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Jimbo
Jimbo
3 months ago

All the money we can’t afford to print for “illegals,” while actual citizens may find themselves needing help to pay their water bill(!?!)

Viral recent interview of a Denver senior citizen, sheds much light on the operations of this seditious current US Administration

Milton Farrow
Milton Farrow
3 months ago

ABSOLUTELY THE CONSERVATIVES DREAM- CALIFUNKIA IS SELF DESTRUCTING–IOT WILL BE FITTING TO WATCH THE MS13 GANGS TEAR APART GRUESOME NERWSOME’S STATE

Mac
Mac
3 months ago

This is a plan to crash the economy and then roll out a CBDC. The dollar has to crash, in order to roll out a new form of currency. CBDC’s offer the cabal unlimited financial control, to monitory or even shut off anyone’s ability to spend. Weak on crime laws in liberal large cities crash the housing market. Someone recently posted their attempts to sell a home in SF. After two years on the market, they sold the home for 40% of it’s original list price. A few days later the new buyer put the home back on the market.… Read more »

Hat Bailey
Hat Bailey
3 months ago

Well we all know now who comes first for our would be rulers, illegals before our own growing homeless population and veterans who put their lives on the line for this country. More important to encourage more unvetted flotsam on our shores, more important to send money overseas to support the military industrial complex killing more people to guard their borders from such invasions.

Tom Ball
Tom Ball
3 months ago

How much evidence has to pile up before whites realize that they ARE trying to replace us?

Cal
Cal
3 months ago

Calif Constitution. Sec 1: The supreme executive power of this State is vested in the Governor. The Governor shall see that the LAW (caps mine) is faithfully executed. The legislative power of this State is vested in the California Legislature which consists of the Senate and Assembly, but the people reserve to themselves the powers of initiative and referendum. The governor does NOT make laws, instead enforces those laws created by those who actually serve as legislators. No other postition in government was given that authority, nor can the legislators subordinates lawfully create laws that bind the people – federally… Read more »

Rainey
Rainey
3 months ago

I will say it again, I cannot be happier I got the hell out of that God Forsaken state, ( my former home ) and if this doesn’t cause every CA citizen to be outraged, no matter what side of the aisle you are on, then CA is FINISHED. It costs a fortune for a tiny SHACK there, the most over priced in everything! How do they think these illegals can keep up on a property? They did not work hard to get it so they will not give a damn about it and the houses will turn into broken… Read more »