Newsom Vetoes Bill Allowing California Illegal Aliens to Apply for $150,000 in Home Loans

California Gov. Gavin Newsom vetoed AB 1840, which would have given illegal aliens $150,000 for housing through the California Dream for All program because, well, no money.

California Dream for All receives state funding and money from the “California Housing Finance Agency, which generates revenue through mortgage loans and not from taxpayers.”

“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,” wrote Newsom.

Newsom added: “For this reason, I am unable to sign this bill.”

Tags: Border Crisis, California, Economy, Gavin Newsom, Immigration

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