home loans undocumented immigrants: As California legislature edges closer to passing Assembly Bill 1840, which would provide up to $150,000 in down payment assistance to undocumented immigrants, former Golden State resident Faith Lersey is voicing strong criticism. Lersey, who recently relocated her family from Los Angeles County to South Carolina due to the exorbitant cost of housing in California, finds the proposed legislation deeply troubling.
A Bill that Sparks Outrage
The bill, AB 1840, aims to extend the California Dream for All Program—designed to assist first-time homebuyers—with a new provision for undocumented immigrants. If enacted, the bill would allow these individuals to receive up to 20% of a home value, or a maximum of $150,000, as down payment assistance. This proposal has ignited a fierce debate about fairness and priorities in housing policy.
In an exclusive interview with Fox News Digital, Lersey expressed her frustration with the bill. “That just seems asinine to me,” she said, questioning why undocumented immigrants would be prioritized for homeownership assistance when long-time California residents, like herself, face significant barriers. “It makes me want to question where the motive is coming from and whose interest is at heart,” she added.
Economic Strain and Resident Exodus
Lersey comments reflect broader concerns among many Californians. Despite the state push to assist undocumented immigrants, California is grappling with a severe budget deficit and a housing crisis that has driven many residents to relocate. In the last four years alone, thousands have left the state, citing high living costs as a primary reason.
The California Dream for All Program, which the bill seeks to expand, has already faced funding challenges. After running out of funds just 11 days post-inception in June, the program future remains uncertain. The bill passage through the state Senate has only intensified discussions about the program viability and the allocation of taxpayer money.
Political and Financial Implications
The controversy surrounding AB 1840 comes at a time when immigration policy is a hot-button issue in national politics. With the Trump campaign linking Vice President Kamala Harris to unpopular border policies, the bill adds fuel to the debate. Governor Gavin Newsom, a prominent supporter of both President Biden and Harris, has yet to announce his stance on the bill, which must be signed into law by August 31.
As Newsom deliberates, the bill has drawn sharp reactions from both political sides. Critics argue that it represents misplaced priorities amid California financial difficulties, while supporters view it as a necessary step toward inclusivity and economic stability.
The Future of California’s Housing Policy
As the deadline approaches, the future of AB 1840 remains uncertain. The decision will not only affect undocumented immigrants but could also shape California housing policies and financial strategies in the years to come. For now, the debate continues to highlight the challenges of balancing compassionate policies with fiscal responsibility in one of the nation most economically strained states.
