healthmyths
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- Sep 19, 2011
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If you are an undocumented illegal immigrant in California this is a benefit:
The California Dream for All Shared Appreciation Loans program that launched last March by the California Housing Finance Agency offered qualified first-time home buyers with a loan worth up to 20% of the purchase price of a house or condominium.
The loans don’t accrue interest or require monthly payments.
If Assembly Bill 1840 is passed, it would broaden the definition of “first-time home buyer” to include undocumented immigrants.
www.latimes.com
The California Dream for All Shared Appreciation Loans program that launched last March by the California Housing Finance Agency offered qualified first-time home buyers with a loan worth up to 20% of the purchase price of a house or condominium.
The loans don’t accrue interest or require monthly payments.
If Assembly Bill 1840 is passed, it would broaden the definition of “first-time home buyer” to include undocumented immigrants.
Undocumented immigrants in California could have a new path to homeownership
New legislation could help undocumented immigrants become eligible for a loan program to purchase a home.