Pelosi Celebrates Bill Allowing Illegal Immigrants To Buy Homes With American Tax Dollars
The program gives first-time homebuyers loan assistance of up to 20 percent of a property’s value with a cap of $150,000
Former Democrat House Speaker Nancy Pelosi celebrated a bill that would allow illegal immigrants to buy homes with taxpayer loans in her home state of California.
“Making the American dream of homeownership available to all people is something we have to do,” the Bay Area congresswoman said in a Friday interview with Bill Maher.
Pelosi was responding to a question about state lawmakers passing a bill last week to expand eligibility for a government program which offers residents home down payment assistance. Under Assembly Bill 1840, the California Housing Finance Authority would be compelled to consider applications from illegal immigrants for the “Dream for All Program.” The fund gives first-time homebuyers loan assistance of up to 20 percent of a property’s value with a cap of $150,000. Buyers then pay back the loan plus up to 20 percent of any property appreciation depending on income.
“Giving government assistance to undocumented immigrants to buy houses,” Maher told Pelosi, is “kind of a different place than the Democratic Party used to be on immigration.”
