Get ready for the Californian circus – where the latest act involves opening the floodgates to homeownership for illegal aliens. In this spectacle, Assembly member Joaquin Arambula (D-Fresno) has rolled out the grand entrance with Assembly Bill 1840, an audacious attempt to redefine “first-time home buyer” and extend the red carpet to those who do not even have legal residency.
Loans program offers interest-free loans for illegals.
In the left corner, we have the California Dream for All Shared Appreciation Loans program, a brainchild of the California Housing Finance Agency that thought it would be a fantastic idea to offer interest-free loans worth up to 20% of a property’s price to first-time home buyers.
However, the original program forgot to explicitly mention immigration status eligibility. Silly oversight! Never fear, Arambula has fixed the blunder and made sure that illegal aliens don’t miss out on this golden opportunity to dive headfirst into the housing market.
Assemblyman wants to make sure illegal aliens get the benefits they are due.
In an interview, Arambula champions his cause, bemoaning the “ambiguity” faced by illegal aliens who, despite meeting other criteria, might feel a tad unsure about whether they can jump on the homeownership bandwagon.
Oh, the horror of potential ambiguity! And who cares about legal residency when there are houses to be bought (and votes too!)
Arambula has amended the code to read “First-time homebuyer means a person, including, but not limited to, an undocumented person, who is a purchaser of an owner-occupied housing unit.”
Thousands will apply. Or more.
Let’s not forget the California Dream for All Shared Appreciation Loans program’s moment in the spotlight last year – an astonishing 2,300 applicants in just 11 days! It was so darn successful that they decided to switch things up this year, introducing a lottery system.
You don’t even have to be “poor” to apply.
And wait, there’s more! The Democrats have generously adjusted the income eligibility threshold from 150% to 120% of a county’s median area income. Because nothing says “inclusive” like shuffling the numbers a bit. If you earn less than $155,000 annually in Los Angeles County, congratulations, you might have a shot at this grand lottery for an interest-free loan!
And if the borrowers pay back the money, the state wins out by getting the loan repaid and a percentage of the appreciation value of the home if the borrower(s) sells. It’s a win-win for all Democratic supporters, it seems.
Opponents of the program are just meanies and racist.
But what about the naysayers, you might ask? Well, there are plenty…and they are waving their snarky banners and questioning the wisdom of making illegal aliens eligible for first-time homebuyer loans. The audacity!
Who cares about legal channels and due process when you can just pass a bill that says, “Immigration status? Pfft, doesn’t matter!”
It’s time to identify as an illegal alien and get our lives subsidized by our state and federal governments.
Based on the state of the insanity of the Democratic Party, I have come up with an answer to everyone’s woes.
Do you need a free cell phone? A free debit card from the state? Free, housing, food, health care, education and child care without having to pay into the system at all?
Just identify as an illegal alien.
The LGBTQ movement has set a precedent that your rights can be protected and benefits obtained merely by identifying as anything you want to identify as so don’t hold back.
Feel free to enjoy the benefits of being an invader in our country by informing your government representatives and officials that you are an “undocumented immigrant.”
Demand your freebies, one and all!