The California State Assembly has approved a bill that would allow undocumented immigrants to apply for the first-time homebuyers' financial assistance program in California.
In June 2023, the California Housing Finance Agency (CalHFA) launched the California Dream for All Shared Appreciation Loans program, a state initiative offering no-interest loans to help cover down payments and fees for first-time homebuyers.
The California Dream for All Shared Appreciation Loans program also offers up to 20 percent of a home's value or up to $150,000 in down payment assistance, whichever is less, to qualified applicants. These loans do not accrue interest and do not require monthly payments. Instead, the loan is repaid when the mortgage is refinanced or the home is sold, along with 20 percent of any increase in the home's value. (Related: Sen. Elizabeth Warren: Kamala Harris will forge "pathway to citizenship" for MILLIONS of illegal immigrants.)
And now, with Assembly Bill 1840, the CalHFA would be mandated to expand the home purchase assistance program to undocumented applicants.
Assemblymember Joaquin Arambula (D-Fresno), who introduced AB 1840 to the state assembly floor, stated that undocumented individuals already meet many of the criteria for the loan program but were previously excluded due to unclear eligibility requirements.
"Without this explicit inclusion, undocumented individuals may be discouraged or left out of the opportunity to participate," Arambula told the Los Angeles Times.
Undocumented applicants must meet standards set by Fannie Mae, which only require a taxpayer identification number or Social Security number and valid employment authorization or similar documentation to qualify for the program.
AB 1840, which passed in the State Assembly by a partisan vote of 45 in favor and 15 against, now advances to the desk of Gov. Gavin Newsom for his signature to become law.
If it is enacted, AB 1840 would mark a significant step toward expanding homeownership opportunities for illegal aliens in California.
Republicans strongly oppose AB 1840
The expansion has sparked fierce opposition as it moved through the California State Senate and Assembly.
Assemblymember Isaac Bryan (D-Los Angeles) argued that the bill would benefit various immigrant communities, including Cambodian, Korean, Haitian and Nigerian populations. Meanwhile, Arambula stressed the importance of recognizing the contributions of immigrants to the state of the economy.
However, CalHFA has stopped accepting new applications due to a lack of funds. In 2023, the organization initially received $300 million in taxpayer funding, which financed nearly 2,200 loans. An additional $225 million in funding has been allocated to support about 1,700 more applicants. The program targets low- and middle-income first-time homebuyers, with income limits varying by county. This, in turn, has emerged as the primary concern among legislators.
Republican lawmakers argued that the expansion would divert resources from American citizens.
"What is not right is, you are going to overshadow many eligible people who really, really are having difficulty themselves," said Assemblymember Tom Lackey (R-Palmdale), chair of the State Assembly's Republican Caucus. "People who have followed all the rules in life are going to be displaced."
Assemblymember Kate Sanchez (R-Trabuco Canyon) echoed these concerns, warning that extending the program to undocumented immigrants would encourage more illegal immigration.
"This isn't rocket science. If you're giving out free stuff, more people are going to come," Sanchez said.
But now that the expansion has moved through the California State Senate and State Assembly, Republicans are urging Newsom to veto the measure. They argued that it is a "handout" and a "betrayal" for the citizens to incentivize illegal immigration.
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