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	<title>homebuying loans Archives - The Hemet &amp; San Jacinto Chronicle</title>
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		<title>California Senate passes bill allowing undocumented immigrants to get homebuying loans</title>
		<link>https://hsjchronicle.com/california-senate-passes-bill-allowing-undocumented-immigrants-to-get-homebuying-loans/</link>
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		<pubDate>Fri, 30 Aug 2024 03:30:00 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[bill AB 1840]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[California Dream For All program]]></category>
		<category><![CDATA[Gavin Newsom]]></category>
		<category><![CDATA[homebuying loans]]></category>
		<category><![CDATA[housing policy]]></category>
		<category><![CDATA[immigrant eligibility]]></category>
		<category><![CDATA[Republican opposition]]></category>
		<category><![CDATA[State Senate]]></category>
		<category><![CDATA[undocumented immigrants]]></category>
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					<description><![CDATA[<p>On Tuesday, California lawmakers in the State Senate approved a bill allowing undocumented immigrants to qualify for first-time homebuying loans.</p>
<p>The post <a href="https://hsjchronicle.com/california-senate-passes-bill-allowing-undocumented-immigrants-to-get-homebuying-loans/">California Senate passes bill allowing undocumented immigrants to get homebuying loans</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
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<p class="wp-block-paragraph">On Tuesday,&nbsp;<a href="https://ktla.com/news/california/" target="_blank" rel="noreferrer noopener">California lawmakers</a>&nbsp;in the State Senate approved a bill allowing undocumented immigrants to qualify for first-time homebuying loans.</p>



<p class="wp-block-paragraph">The measure passed on a&nbsp;<a href="https://x.com/EytanWallace/status/1828504268355297623" target="_blank" rel="noreferrer noopener">23-11 party-line vote</a>&nbsp;in the State Senate. The proposed legislation has been sent back to the Assembly for its final vote of approval before being sent off to Gov. Gavin Newsom.</p>



<p class="wp-block-paragraph">The bill, formally known as <a href="https://ktla.com/news/california/california-bill-that-could-open-new-pathway-to-homeownership-for-undocumented-immigrants-advances-in-state-legislature/" target="_blank" rel="noreferrer noopener">AB 1840,</a> would expand the eligibility requirement for the state’s first-time homebuyer loan program, the California Dream For All Shared Appreciation program, to allow undocumented immigrants who live in the state to use it.</p>



<p class="wp-block-paragraph">The California Dream For All Shared Appreciation loan program launched in 2023 and helps qualified first-time homebuyers with down payments.</p>



<p class="wp-block-paragraph">The program was initially created to help low-and middle-income individuals buy homes. Still, Assemblymember Joaquin Arambula (D-Fresno), who introduced the bill, previously told KTLA that the program doesn’t address eligibility based on immigration status.</p>



<p class="wp-block-paragraph">“The program hasn’t been clear about eligibility for undocumented individuals, and AB 1840 addresses that issue,” Arambula told KTLA in an emailed statement.</p>



<p class="wp-block-paragraph">Republican California lawmakers have pushed back on the bill’s progression.</p>



<p class="wp-block-paragraph">“This is outrageous. Democrat politicians care more about handouts for illegal immigrants rather than improving the quality of life for legal California citizens. I will strongly oppose this measure when it comes to the Assembly Floor this week,” Assemblyman Bill Essayli (R-Corona) said in a statement.</p>



<p class="wp-block-paragraph">GOP Assemblymember Joe Patterson, who represents a largely suburban district north of Sacramento, during a committee meeting this summer said that he “just can’t get behind using our limited dollars for people who are in this country undocumented,”&nbsp;<a href="https://www.politico.com/news/2024/08/26/california-undocumented-immigrants-homes-00176253" target="_blank" rel="noreferrer noopener">Politico&nbsp;</a>reported.</p>



<p class="wp-block-paragraph">Democrats who support the bill have said that those applying for a loan must have a taxpayer identification or social security number, emphasizing that the loans won’t be given to just anybody.</p>



<p class="wp-block-paragraph">The bill would need to be signed by Gov. Gavin Newsom before it officially becomes law.</p>



<p class="wp-block-paragraph">The current legislative session ends on Aug. 31 and Newsom has until Sept. 30 to sign any bills passed by the Legislature.</p>
<p>The post <a href="https://hsjchronicle.com/california-senate-passes-bill-allowing-undocumented-immigrants-to-get-homebuying-loans/">California Senate passes bill allowing undocumented immigrants to get homebuying loans</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
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