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Podcast: News For Reasonable People
Episode: #2,472 - Outrage as California opens up $300M home loan scheme to migrants
Description: Californians are reacting angrily to revelations that migrants who entered the US illegally could soon benefit from a taxpayer-funded state scheme to help hard-up residents buy homes.
Democrats on the California Senate Appropriations Committee have approved a bill to move forward that would open up the California Dream For All Shared Appreciation Loan program to non-legal migrants.
The scheme was launched last year and has already provided thousands of first-time homebuyers with loans of up to 20 percent of a house's purchase price for down payment or closing cost.