A first-in-the-nation California proposal could make undocumented immigrants eligible for up to $150,000 in state-supported home loans just as immigration has become an incendiary topic in the presidential election.
The measure is likely to pass the California Legislature this week where Democrats enjoy a supermajority and in a state that has the largest share of undocumented immigrants in the country.
Democratic Gov. Gavin Newsom, a top surrogate for President Joe Biden and Vice President Kamala Harris, declined to say whether he would sign the measure if it clears the statehouse by the Aug. 31 deadline. He would likely make a decision while Republican nominee Donald Trump criticizes Harris over the influx in migrants at the U.S.-Mexico border early on in Biden’s tenure and as Harris moves to the right on immigration.
I feel like this could go badly. Tying someone to a permanent location who may be on the radar could be used against them. Also, if they then get deported, which seems more likely if they own to me, whose on the hook? I’m not sure from the article. Does a bank get the house and the money? I can’t tell if this is all state, or state supported through a bank. I could see this abused badly. If the house goes to a bank, wouldn’t the bank have a perverse incentive to report them and get them deported?
The assistance program requires applicants to have an SSN and Tax payer ID already. It also requires a proof of income in order to qualify for the up to $150,000 down payment. So, this isn’t for your typical undocumented immigrant.
That said, I tell you there’s an even more nefarious use case for this: Mexican Cartel Members.
They, Cartel Members, already like to have homes across the border here in San Diego either as a place to hide away or as a weekend home. This new law will in fact make that process even easier for them.
Source: Mexican spouse with family in Tijuana that have associations with the Cartels. It was a hot topic for them on WhatsApp a few weeks ago.
If they have those things are they still considered “undocumented”?
From the article and the bill:
“Applicants must meet requirements set by the Federal National Mortgage Association, or Fannie Mae, including having a taxpayer identification number or social security number to apply for a loan”.
If you’re undocumented, you can still have a taxpayer ID if you pay any taxes. The govt. would never turn down tax dollars after all and some companies who employ them make them pay taxes.
For the more wealthy undocumented immigrants, they need only do business in the US to get a taxpayer ID. That could be achieved through contract work, a small business, exports from Mexico to the US, a shell corp or anything that may derive taxes that they deal with. That’s why so many, Cartels included (who own plenty of businesses here in San Diego) get in with it.