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.
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.