California Bill Extends Home Loans to Undocumented Immigrants

California's Assembly Bill 1840, which extends home purchase assistance to undocumented immigrants, has sparked significant debate. The bill, which has passed the state legislature and awaits Governor Gavin Newsom's signature, would provide up to $150,000 in down payment assistance to eligible undocumented immigrants through the California Dream for All Program. Proponents, including former House Speaker Nancy Pelosi, argue the bill promotes fairness and economic growth, emphasizing a long-standing bipartisan view on immigration. Critics, however, express concerns about limited resources and the potential encouragement of illegal immigration. Some, like civil rights attorney Leo Terrell, label the bill as political maneuvering ahead of elections. Despite the support and criticism, the program currently faces funding shortages, with the initial allocation exhausted shortly after its launch.