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California Bill Proposes $150,000 Home Loans for Undocumented Immigrants

Governor Newsom remains undecided on the legislation aimed at expanding homeownership opportunities.

  • Assembly Bill 1840 seeks to include undocumented immigrants in the 'California Dream for All' program.
  • The bill has passed the State Senate and awaits final approval from the Assembly.
  • Applicants must be first-time, first-generation homebuyers with a taxpayer ID or Social Security number.
  • Critics argue the bill is unfair to citizens and may worsen California's budget deficit.
  • Supporters claim the bill promotes inclusivity and financial stability for all tax-paying residents.
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