NEWSOM VETOES BILL THAT WOULD HAVE ALLOWED UNDOCUMENTED IMMIGRANTS HOME LOANS

Gov. Gavin Newsom Friday vetoed a bill that would have granted home loans to qualified undocumented immigrants, expanding the California Dream for All program. In a letter to the State Assembly Friday, Newsom said he was returned to AB 1840 without his signature, explaining the already limited funding for the program.

“This bill seeks to prohibit the disqualification of applicants from one of California Housing Finance Agency’s (CalHFA) home purchase assistance programs based solely on their immigration status,” the governor said in the signed letter. “Given the finite funding available for CalHFA programs, expanding program eligibility must be carefully considered within the broader context of the annual state budget to ensure we manage our resources effectively.”

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