A California Democratic assemblymember's new bill states that an individual's immigration status can't disqualify an applicant from the program.
Joaquin Arambula, a Democratic assemblyman from California, introduced Assembly Bill 1840 earlier this year, which could create an alternative way for illegal immigrants to achieve homeownership.The bill is set to expand eligibility criteria for a state loan program to expand these loans to include undocumented migrants who are first-time buyers.Arambula’s update to the bill states, "an applicant under the program shall not be disqualified solely based on the applicant’s immigration status.
But the program hasn’t been clear about eligibility for undocumented individuals, and AB 1840 addresses that issue. Let me be clear: anyone who meets the program’s criteria can apply for this loan program. And, to qualify, you must secure a bank loan or mortgage," the statement said. "AB 1840 is about providing an opportunity for homeownership, which we know allows families to secure financial security and stability.
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