08/29/2024 / By Ethan Huff
California Democrats are forging on in transforming the Golden State into an illegal alien sanctuary zone, completely with zero-down mortgages so illegals can buy up all of the state’s housing.
Assembly Bill 1840 was passed by the California Senate Appropriations Committee along partisan lines with its five Democrats voting for the change and the remaining two Republicans voting against it. If it makes it all the way through the state legislature, AB 1840 would amend the California Dream for All Shared Appreciation Loan program to include foreigners.
Authored by Assemblyman Joaquin Arambula, a Democrat, AB 1840 would provide down payment assistance for illegal aliens up to 20 percent of a home’s purchase price as a down payment for first-time buyers. There are no monthly payments required and no accrued interest as the original loan amount plus 20 percent of any increase in home value is only due when the primary mortgage is refinanced or the house is sold.
This means that illegal alien families will be able to “purchase” homes in California with free money; never have to pay a single monthly payment or interest; and live in the home over a lifetime without having to pay a single penny out of pocket.
“The social and economic benefits of homeownership should be available to everyone,” Arambula said. “As such, the California Dream for All Program should be available to all.”
(Related: Did you know that all of the new jobs the government “created” last year to try to boost the economy went to illegal aliens rather than Americans?)
As you might expect, not everyone is on board with basically handing over “free” housing to illegal aliens, especially as millions of American citizens and existing California residents cannot afford to buy a home because they are not being offered the same incentives.
AB 1840 clearly prioritizes illegals over the residents and citizens, sending those who belong in California to the back of the line while propelling to the front hordes of people who traveled there illegally.
Not only that, but California currently has a $60 billion budget deficit that San Diego County Supervisor Jim Desmond says makes AB 1840 a fiscally irresponsible move.
AB 1840 will still need to pass the Democrat-supermajority state Senate before moving on to the desk of Gov. Gavin Newsom, who based on his track record will likely sign it into law with glee.
A similar program is already in place in Oregon, California’s neighbor to the north. The so-called Hacienda Community Development Corporation (Hacienda CDC), which is also taxpayer-funded, subsidizes home purchases for low-income residents just so long as they are not legal citizens of the United States.
“My wife and I have been breaking our backs together sacrificing so much to reach this milestone,” wrote someone in the comments about how unfair and flat-out immoral it is for elected officials to be catering to illegals at the expense of the people they supposedly represent as constituents.
“We are both Marine veterans. We worked from the bottom of our civilian employers to reach a solid tier. No help from family and no motivation from friends. And still got the job done for our small daughters to have something that we never had. It’s a slap in the face that we had to go through so much and others can get fast tracked. I know it’s only CA but this is going to start happening all over the U.S.”
Another warned that if Kamala Harris “wins” the White House this fall, Americans in other states could face similarly unfair measures that send illegals to the front of the line on the taxpayer dime.
U.S. politicians, especially those of the Democrat variety, hate American citizens and want them all replaced with illegals. Find out more at InvasionUSA.news.
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AB 1840, big government, California, Collapsifornia, debt bomb, economic riot, government debt, housing, Illegal aliens, illegal immigration, invasion, invasion usa, migrants, mortgages, outrage, Real Estate, traitors, Twisted, zero-down
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