On Tuesday, California lawmakers voted in the state Senate on a bill that would allow illegal immigrants to apply for the California Dream for All first-time homebuyer financial assistance program.
AB 1840 requires the California Housing Finance Authority's homeownership assistance program, or the California Dream for All Program, to include undocumented applicants.
California is close to approving $150,000 loans for illegal immigrants to help them buy homes
The California Dream for All program was approved despite funds running out just 11 days after it was implemented in June, when aid was awarded to 1,700 first-time homebuyers at the time. Finding more funding for the program was the main concern in the floor debate.
A spokesperson for the California Department of Finance confirmed to KCRA 3 on Tuesday that California Dream for All does not have enough money to fund the program.
A view of the California State Capitol building at the National Urban League of California's Legislative Advocacy Day on March 13, 2024, in Sacramento, California. (Arturo Holmes/Getty Images for the National Urban League)
The program provides first-time homebuyers with up to 20 percent of the home's value or up to $150,000 in down payment assistance. The bill now returns to the California State Assembly for review of amendments made by the State Senate.
If passed, the bill will head to California Gov. Gavin Newsom's desk to be signed into law.
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The bill passed on a party-line vote of 23 to 11. Some Democrats present did not vote.
Democrats who supported the bill said in the debate that undocumented immigrants applying for the program must pay taxes and show proof of work; Republicans criticized the bill for potentially excluding groups like veterans from California's Dream for All program.
No funding was allocated for the California Dream for All program this year due to an anticipated budget shortfall for 2024-2025. Both the governor and state legislatures must approve future funding allocations to continue the program.
The 2024 California state legislative session adjourns after 11:59 p.m. on Saturday.
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The California Department of Finance did not immediately respond to Fox News Digital's request for comment.
