Outrage as California opens up $300M home loan scheme to migrants --Migrants could soon apply for California's tax-funded home-buying scheme --Zero-interest loans give buyers 20 percent of the purchase price or closing cost --The wealthy state going broke under its $1.8B migrant 'time bomb' | 20 Aug 2024 | 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. [See: Heartbroken elderly woman, 96, faces eviction from home where she's lived for 20 years in Dem state where lawmakers want to give migrants $150k to buy homes.]