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#2,472 - Outrage as California opens up $300M home loan scheme to migrants
Manage episode 436827851 series 2792715
Californians are reacting angrily to revelations that migrants who entered the US illegally could soon benefit from a taxpayer-funded state scheme to help hard-up residents buy homes.
Democrats on the California Senate Appropriations Committee have approved a bill to move forward that would open up the California Dream For All Shared Appreciation Loan program to non-legal migrants.
The scheme was launched last year and has already provided thousands of first-time homebuyers with loans of up to 20 percent of a house's purchase price for down payment or closing cost.
2450 Episoden
Manage episode 436827851 series 2792715
Californians are reacting angrily to revelations that migrants who entered the US illegally could soon benefit from a taxpayer-funded state scheme to help hard-up residents buy homes.
Democrats on the California Senate Appropriations Committee have approved a bill to move forward that would open up the California Dream For All Shared Appreciation Loan program to non-legal migrants.
The scheme was launched last year and has already provided thousands of first-time homebuyers with loans of up to 20 percent of a house's purchase price for down payment or closing cost.
2450 Episoden
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