Newsom must want to fast track bankruptcy? California proposal could make undocumented immigrants eligible for up to $150,000 in state-supported home loans.

Newsom must want to fast track bankruptcy?

— floridanow1 (@floridanow1) August 26, 2024

🚨🇺🇸CALIFORNIA TO CONSIDER $150,000 HOME LOANS FOR ILLEGAL IMMIGRANTS

California is close to approving a measure that would make illegal immigrants eligible for up to $150,000 in state-supported home loans for down payments.

The "California Dream for All" program would provide… pic.twitter.com/0v7LSpR1Lq

— Mario Nawfal (@MarioNawfal) August 26, 2024

Current Status

• Deficit: The state is dealing with a significant budget shortfall of $46.8 billion.
• Spending Reductions: To address this, the budget includes $16 billion in spending cuts.

Source:

www.gov.ca.gov/2024/06/29/governor-newsom-signs-2024-state-budget-supporting-fiscal-stability-and-core-programs/