California has introduced legislation called the “California Dream for All Shared Appreciation Loans” that seems to give illegal aliens home loans they don’t actually have to pay back. The loans require no down payment and can be repaid if the “homeowner” resells to home. It is only open to “first-generation” homebuyers and is open to non-citizens, including illegal aliens.
State Senator Briah Dahle (R-Bieber) stated, “Assembly Bill 1840 is an insult to California citizens who are being left behind and priced out of homeownership. I’m all for helping first-time homebuyers, but give priority to those who are here in our state legally.”
California Democrats Want to Give Illegal Aliens Zero Down, No Payment Home ‘Loans’ – lidblog.com
Excerpt:
… Democrats in the left-wing state are mulling a plan to give illegals a no money down mortgage “loan” that they also, coincidentally, don’t even have to make payments on…
