Housing
California Senate passes 0 down, 0 payment home ‘loans’ for illegal immigrants
From The Center Square
“With many legal residents not able to afford a home, should we really be giving free cash to illegal immigrants?
The California Senate passed a contentious bill to allow for undocumented immigrants to use the state’s zero-down, zero-interest home “loans” program despite national backlash following coverage of the bill’s looming passage.
With 23 votes for and 11 votes against — including all nine Republicans and Democratic State Sens. Catherine Blakespear, D-Encinitas, and Dave Min, D-Irvine — the bill narrowly passed the 21 vote majority threshold in the Senate.
California’s Dream for All Shared Appreciation Loans program allows applicants to secure “loans” of up to $150,000 or 20% of the home’s purchase price — or, about what a typical down payment is — with zero down payment on this state “loan,” and no payments. In exchange, the state receives the original loan amount plus 20% of the appreciated gain when the home is refinanced, sold, or transferred.
In the last fiscal year, the state allocated $255 million for the program for 1,700 lucky “winners” of an application lottery. KCRA reports that the California Department of Finance confirmed this year, legislators did not appropriate any money for the program, meaning this bill allowing undocumented immigrants to apply would only apply in future years when additional funds are provided. With the state narrowly balancing a $47 billion deficit this year, the state may not be able to allocate funding to this program for some time.
It’s not clear what happens if a family decides to hold on to a home as there are no provisions on how long a property can be held for, which means certain kinds of trusts could potentially allow the loan to not be paid back. Democrats argued those applying for the funds have to work to qualify for mortgages and are thus paying taxes, while Republicans argued the program, which ran out of funds in 11 days, is already overcrowded.
“With many legal residents not able to afford a home, should we really be giving free cash to illegal immigrants? Every dollar that goes to an illegal immigrant is one less dollar available to legal residents including veterans, teachers, and families,” said California Senate Minority Leader Brian Jones, R-San Diego, in a statement. “California already spends $5 billion per year on free healthcare for illegal immigrants—will it ever be enough for Democrats’ political agendas?”
AB 1840, which has now passed both the California Senate and Assembly, must now pass back again in the Assembly with the Senate’s amendments before the end of the legislative session on Aug. 31 before going to California Gov. Gavin Newsom’s desk for approval.
Kenneth Schrupp
Reporter
Segment from Pierre Poilievre’s interview by Jordan Peterson
It appears Canadians will experience our own version of President Elect Trump’s DOGE. While Poilievre doesn’t talk about a “Department of Government Efficiency”, he does say the bureaucracy must be decreased.
In this segment the Conservative leader provides an example of building a home in Vancouver . Poilievre says his government will cut bureaucracy and ‘unleash the free enterprise system’. He says over time Canadians will be able to buy more as their money will have more value.
From LifeSiteNews
Liberal Housing Minister Sean Fraser announced his departure from the Trudeau government on Monday, as Liberals are increasingly leaving Trudeau’s cabinet and calling for his resignation.
Prime Minister Justin Trudeau’s Housing Minister Sean Fraser has quit the Liberal government.
During a December 16 press conference, Liberal Housing Minister Sean Fraser announced his departure from the Trudeau government, as Liberals are increasingly leaving the Liberal cabinet and calling for Trudeau’s resignation.
“I made this decision for myself a few months ago when I was home recovering from surgery that took place in early September,” Fraser told reporters.
“I got a few extra weeks spending time with my kids at home,” he continued. “It felt like I was supposed to be.”
Fraser revealed that he does not plan to seek re-election but “will remain open to different professional opportunities.”
“You are leaving without completing the job,” one reporter yesterday told Fraser, referencing the rising rental costs, homelessness, and high housing prices.
“I am extremely proud of the work we have gotten done,” he responded without expanding on Canada’s housing situation.
Fraser’s resignation comes at the same time as Finance Minister and Deputy Minister Chrystia Freeland announced her departure from the Trudeau cabinet.
“On Friday, you told me you no longer want me to serve as your Finance Minister and offered me another position in the Cabinet,” Freeland wrote in her letter to Trudeau.
“Upon reflection, I have concluded that the only honest and viable path is for me to resign from the Cabinet,” she continued.
In her letter, Freeland appeared to criticize Trudeau’s financial decisions, which she called “costly political gimmicks,” while clarifying that she will stay on as a Liberal MP and plans to run for her Toronto seat in the fall 2025 election.
The resignations come as reports are circulating that suggest Trudeau is considering stepping down as leader.
Additionally, just hours after Freeland’s resignation, leader of the New Democratic Party (NDP) Jagmeet Singh, whose party has been propping up the Liberal minority government, called on the prime minister to resign.
“We are calling for Justin Trudeau’s resignation,” said Singh to reporters in French and later in English.
Singh claimed that should Trudeau not step down voluntarily, he would consider voting non-confidence, saying, “all tools are on the table.”
Leader of the Conservative Party of Canada Pierre Poilievre demanded that Trudeau return to the House of Commons at once so a vote of confidence could be held “tonight.”
Trudeau has seen many ministers resign in recent months as the Liberal Party’s polling continues to trend downward. The most recent polls show a Conservative government under Poilievre would win a supermajority were an election held today.
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