Author Topic: California Mayor Blasts Plan to Help Migrants Buy Houses  (Read 1256 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 176,735
California Mayor Blasts Plan to Help Migrants Buy Houses
« on: July 09, 2024, 06:28:37 am »
 
California Mayor Blasts Plan to Help Migrants Buy Houses
Story by Jordan King • 18h


The mayor of El Cajon has criticized a program that helps people buy their first houses, including migrants.

Californians can apply to the California Dream for All Shared Appreciation Loan, which offers eligible buyers a down-payment loan worth up to 20 percent of the purchase price.
 

Loans offered under the program do not accrue interest and do not need to be repaid in monthly installments. Instead, borrowers repay the original amount of the loan, along with 20 percent of the increase in the home's value, when it is sold or the mortgage is refinanced.

https://www.msn.com/en-us/news/us/california-mayor-blasts-plan-to-help-migrants-buy-houses/ar-BB1pCs2t?ocid=msedgdhp&pc=HCTS&cvid=7c22bf520e2942fba24b03b7acc039ec&ei=42
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 176,735
Re: California Mayor Blasts Plan to Help Migrants Buy Houses
« Reply #1 on: July 09, 2024, 06:30:30 am »
Is the plan to also furnish them, pay the utilities, and pay insurance? :whistle:
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline DefiantMassRINO

  • Hero Member
  • *****
  • Posts: 11,210
  • Gender: Male
Re: California Mayor Blasts Plan to Help Migrants Buy Houses
« Reply #2 on: July 09, 2024, 09:21:53 am »
Everytime I pay a bill, I fell like a chump.
"Political correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it’s entirely possible to pick up a turd by the clean end." - Alan Simpson, Frontline Video Interview