CA AB1840

Applicants cannot be disqualified from the home purchase assistance program solely based on immigration status if they meet all other loan requirements.

Eligibility standards from federal entities like the Federal National Mortgage Association, government-sponsored enterprises, loan servicers, investors, and guarantors remain in effect.

Applicants must still be eligible under all applicable federal and state law to qualify for assistance.

The bill declares itself a state law within the meaning of Section 1621(d) of Title 8 of the United States Code.

Makes an appropriation by expanding eligible persons to receive funds from the continuously appropriated Home Purchase Assistance Fund.