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Home » The Water Cooler – Undocumented Immigrants Eligible For Up To $150,000 In State-Supported Home Loans

The Water Cooler – Undocumented Immigrants Eligible For Up To $150,000 In State-Supported Home Loans

by CLAYCORD.com
28 comments

The “Water Cooler” is a feature on Claycord.com where we ask you a question or provide a topic, and you talk about it.

The “Water Cooler” will be up Monday-Friday in the noon hour.

Lawmakers in California could soon make the Golden State the first in the country to make undocumented immigrants eligible for up to $150,000 in state-supported home loans, according to Fox News.

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The Democratic supermajority in the California state legislature is likely to pass a measure this week that would make undocumented immigrants eligible for the “California Dream for All” loan program, a state-funded program that provides 20% in down payment assistance up to $150,000, according to a report for Politico.

QUESTION: Do you think this is a good idea, or a bad idea? Tell us why.

Talk about it….

28 comments


Original G August 27, 2024 - 12:54 PM - 12:54 PM

“I think I can say, and say with pride,
that we have some legislatures that bring
higher prices than any in the world.”
— Mark Twain
1875
.
It’s so heart warming to know our Veterans and American citizens are foremost in the minds of our Public Servants in California state legislature.
note: for naive, highly impressionable, low information voters with attention spans of a fungus gnat that was sarcasm.
.
Is nothing more than gross pandering to special interests and illegals who democrats hope one day will be able to legally vote.
.
By Katy Grimes of CA Globe and she tells it like it is, article contains valuable info must read.
“At a time in California when the media home price is over $850,000, housing starts are halted by environmental or labor union lawsuits, and $1,500 a month gets you a 240 square foot apartment in Los Angeles or San Francisco, California’s Democrat lawmakers want to give public taxpayer money to illegal immigrants for a downpayment on a home purchase.” …
.
““It would be so very wrong to prioritize undocumented immigrants over the men and women who have made great sacrifices in military service to our country,” said Sen. Dahle (R-Bieber). “California is struggling with a multi-billion dollar deficit, and numerous housing and homelessness programs providing vital assistance to so many struggling Californians face budget cuts. AB 1840 would short-change veterans even more.””
caglobe https://tinyurl.com/5a866p5r
.
democrat politicians need to voted out of office for not being public servants and putting their pathological pursuit of absolute power and control. This state is out of control ! ! ! ! !
.
“To lodge all power in one party and keep it there is to insure bad government
and the sure and gradual deterioration of the public morals”
—Mark Twain

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Dr Jellyfinger August 27, 2024 - 1:00 PM - 1:00 PM

“California Dream for All” OK……. so that means it’s for EVERYONE right?
Line up Y’all.
If it’s only for undocumented immigrants I’m sure there are plenty of grounds for a lawsuit there.
Any lawyers out there want to get this thing started?

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Old Otis August 27, 2024 - 1:33 PM - 1:33 PM

OMG!!!
This a JOKE….right??

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Dawg August 27, 2024 - 1:36 PM - 1:36 PM

First, they are not undocumented immigrants. They are illegal invaders, who are illegally arriving into the United States in large numbers with an intrusive effect, and sometimes hostile intent. Their very presence violates US law, and the fact that they have crossed the border without authorization is the key point. There’s nothing more to discuss, they are in violation of US federal law, and should be turned over to ICE for immediate deportation.

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Captain Bebops August 27, 2024 - 2:18 PM - 2:18 PM

I think the real intent is to get rid of the current citizens of California by driving them out of the state and replace them by undocumented immigrants who will work for less and be controllable. The legislators must be out of their minds to even propose such legislation. I would really love to hear their justification for this. The legislators are the ones who should be driven out of California.

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domo August 27, 2024 - 2:19 PM - 2:19 PM

Unbelievably ridiculous! ..and you know who pays for all the defaults? us! you know who voted for Newscum to allow this? ….. lenient , lazy, apathetic voters refusing to do their research … anybody that allows this we need to remove from office as soon as we can – imho

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WC---Creeker August 27, 2024 - 2:23 PM - 2:23 PM

Only offering ‘dreams’ for ‘undocumented’? What about people that are documented? No dreams for them?

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Steven Powers August 27, 2024 - 2:24 PM - 2:24 PM

Seems pretty ridiculous considering they are undocumented. How can they confirm anything for the loan process or are they just giving them preferential treatment. Bad idea but we have ridiculous Democratic people ruining this state. Bad idea

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Itsme August 27, 2024 - 2:27 PM - 2:27 PM

Don’t just complain people, call your state legislative representative and the Governor’s office. Tell them if they vote yes, they’ll be voted out and if it does pass the governor needs to know that he’ll be walking on thin ice. I don’t want to hear about the Dems. I have plenty of Dem friends and family members who are absolutely against it. If you’re going to use your voice don’t preach to the Claycord choir call those with the power.

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yoyohop August 27, 2024 - 3:10 PM - 3:10 PM

Undocumented workers already have higher levels of debt. So if their free home gets foreclosed on will the government all of a sudden have equity in the home. Seems like a way for the government to consolidate power.

Also the fine print says “The homeowner pays back the original loan amount plus 20% of any appreciation in the value of the home.” Appreciation calculated by who and when? Harris wants to tax unrealized gains – aka appreciation before the home is sold. This should worry anyone with tangible assets like a house.

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No Excuses August 27, 2024 - 5:36 PM - 5:36 PM

Or 10 or 12 people share the house until it is un-livable, un-sellable…..and move on to the next Bargain.

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Anon August 27, 2024 - 6:56 PM - 6:56 PM

“Undocumented workers already have higher levels of debt. So if their free home gets foreclosed on will the government all of a sudden have equity in the home. Seems like a way for the government to consolidate power”

🎯Exactly their plan! I wish more people would see that.

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Saynogo August 27, 2024 - 3:13 PM - 3:13 PM

How do they pay it back?….let me guess, never? Well, there goes the neighborhood and my property value

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whenwilltheylearn. August 27, 2024 - 3:45 PM - 3:45 PM

BUT you can not get a bank mortgage if you dont have proper immigration status..and also,where is this money coming from if its state loans?And what could anyone do with a mere $150 k in Calif??This will never fly.
PURE PANDERING

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whenwilltheylearn. August 27, 2024 - 3:50 PM - 3:50 PM

PS
This is nothing more than a way to get them to come here 10 fold.and its a false promise as usual.
No judge will ever allow this but illegals are never told any truths

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Jeff (the other one) August 27, 2024 - 4:07 PM - 4:07 PM

Well, let’s think about it, in 2023, our net debt (not deficit) was over $55,000,000,000. In 2024, the budget deficit is reported at $45,000,000,000, with a budget of $292,000,000,000. If the estimated 3 million illegal aliens in this state decide to take advantage (deliberate description), does that mean we producers/taxpayers will be on the hook for another $450,000,000,000? Remember the old phrase “Crime doesn’t pay.?” Seems rather quaint now, particularly in this decaying, crumbling state. No, not a good idea.

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Lulu August 27, 2024 - 4:11 PM - 4:11 PM

What about veterans or families that pay taxes and trying to get into a first time home?

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Snakekeeper August 27, 2024 - 4:18 PM - 4:18 PM

What part of illegal do these people not understand. They are here illegally. The only thing they should get is a bus ride back over the border. I don’t want my tax dollars going towards such asinine policies.

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Hammerhead August 27, 2024 - 4:55 PM - 4:55 PM

This is a bad idea. A down payment shows that you have something to put into buying a home and will not just walk away. It shows responsibility.

Where is this money coming from?

Who is going pay when they default on the loan?

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Barstoolateds August 27, 2024 - 4:58 PM - 4:58 PM

I have a dream,,,,my money stays in my pocket until I’m willing to spend it..I also dream of elected and appointed officials(sic) upholding the constitution and laws….guess I’m just a dreamer,,,,not a illegal one

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Badge1104 August 27, 2024 - 5:18 PM - 5:18 PM

That does it! I’m voting for Trump for sure! The Democrats have gone crazy! Yeah yeah I know this is California but I will never vote for a Democrat in this state again. I don’t know what they’re thinking. Are they smoking dope?
Why the hell aren’t you helping your own American citizens first?????????????????

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No Excuses August 27, 2024 - 5:31 PM - 5:31 PM

They are NOT ‘Immigrants’. Immigrants want to Become–Assimilate–Be American. Even US Code distinguishes a difference in the terms and the meanings! The majority coming in in the last 4 years are MIGRANTS…passing through…going to wherever the next wave of hand-outs is largest.
$150,000 is 20% down on $750K house. REALLY???? One stipulation, to make sure lower income young Natural Citizens of America (your kids…my kids) DO NOT QUALIFY for the $150K ~~~ at least one of the applicants must be Foreign Born. REALLY???? Is that legal ????

VOTE NO ON ANY NEW BOND. This is how they use YOUR money!

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TinyCuh August 27, 2024 - 5:45 PM - 5:45 PM

Who doesn’t want to move to the land of the free? Wouldn’t you?

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Angry American August 27, 2024 - 5:55 PM - 5:55 PM

Way to go Gavin!!!! this should guarantee your full supply (on the taxpayers backs) of Hair gel and cocaine. Ya know when I started out life was hard “came from nothing” and my first house was $100K in the slums. I did not have anything other than an FHA loan that allowed a lower down payment but no free money and my loan was 9.25%. Absolutely insulting that someone that did not pay into this and participate would be allowed a leg up over people that are working for it. Nothing than another griff that the taxpayers (me and you)will have to bear.

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Dr Jellyfinger August 27, 2024 - 5:59 PM - 5:59 PM

Well….. $150K?
That ought to slow the millions of illegals from rushing the border.

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Dr Jellyfinger August 27, 2024 - 6:13 PM - 6:13 PM

Interest free…. right?

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Whoe Jim August 27, 2024 - 6:18 PM - 6:18 PM

I think Newsom has fallen to the bottom of the snake pit. So now he wants to tax whoever has not yet left California to provide $150.000 loan, (right) to illegals to purchase a property. Boy, he has taken vote buying to new heights. Let’s hope the attorneys can rectify this one. Either way the American people will remember this one…

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Aunt Barbara August 27, 2024 - 6:25 PM - 6:25 PM

What do they hope to gain by this atrocity?

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