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They propose a law to guarantee access of “dreamers” to housing loans • Hola News


IMMIGRATION

Los Angeles, Feb 3 (EFE News) .- Democratic Federal Representative Juan Vargas introduced a bill on Wednesday to ensure that beneficiaries of the Deferred Action for Childhood Arrivals (DACA) program are eligible for federal housing loans and credits backed by parastatals Fannie Mae or Freddie Mac, local media reported.

The Homeownership for Dreamers Act, co-authored by fellow Democrat Pete Aguilar, aims to clarify and protect the eligibility of DACA recipients, known as “dreamers,” to receive such loans.

Specifically, it seeks to ensure that eligibility for a loan is not conditioned by the immigration status of the DACA recipient if he or she meets all the other criteria to obtain the loan.

Vargas, who represents California’s 51st District, said that due to the lack of clarity surrounding the dreamers’ eligibility during the Administration of former President Donald Trump (2017-2021), lenders refrained from granting loans to these immigrants. .

“I introduced this initiative in the previous legislature when the previous Administration’s Department of Housing and Urban Development tried to jeopardize the eligibility of the dreamers. I am reintroducing the Dreamers Homeownership Act to ensure this does not happen in a future Administration, ”said Vargas.

He argued that the dreamers and their families “deserve the same access to opportunities that are offered to other Americans,” and argued that “a future Administration or leadership of the FHA (Federal Housing Administration) could try to block that access if we do not approve a legislation that clarifies their eligibility ”.

Last month, the FHA stated that DACA recipients could apply for agency-backed credits beginning January 19.

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