California's NEW Plan: Home Loans for UNDOCUMENTED Residents Amid Housing Crisis
In a controversial move, California legislators are proposing a new state-backed home loan program aimed at undocumented residents, amidst the state's $73 billion deficit and ongoing crises in homelessness and affordable housing. This initiative, led by State Assemblyman Hen Aruma, seeks to enable undocumented individuals to apply for home loans, stirring debate over its impact on California's already strained housing supply. Critics argue this could exacerbate the housing shortage by increasing demand without addressing the root causes of the state's affordability crisis. Proponents, however, see it as a step towards equal opportunity and economic development. As California grapples with these challenges, the debate underscores the complex interplay between immigration policy and housing economics in one of the nation's most populous states.
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