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Will the 'California Dream for All' loan program be implemented and accepting applications by March 31, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
California Housing Finance Agency official website or press releases
Story
California Advances Bill for $150K Home Loans to Undocumented Immigrants
Aug 26, 2024, 06:37 PM
The California State Senate Appropriations Committee has advanced a bill that would allow undocumented immigrants to access state-supported home loans with zero down payment and 0% interest. The proposal, known as the "California Dream for All" loan program, could provide up to $150,000 in down payment assistance to eligible applicants. This initiative, which is likely to pass due to the Democratic supermajority in the legislature, aims to expand homeownership opportunities for undocumented immigrants. Governor Gavin Newsom is expected to sign the bill, which has sparked significant debate over its financial implications and fairness to taxpayers.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
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0-100 loans • 25%
101-500 loans • 25%
501-1000 loans • 25%
More than 1000 loans • 25%
Less than $50 million • 25%
$50 million to $100 million • 25%
More than $100 million • 25%
No funding allocated • 25%
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Yes • 50%
No • 50%
Yes • 50%
No • 50%