Published On: Tue, Jun 22nd, 2021
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California Democrats May Walk Back State-Owned Homes Proposal: Insider

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California Democrats may have walked back portions of a spending wish list to fund a state housing program that would have paid for as much as 45 percent of homes for disadvantaged first-time home buyers, according to an inside source. Senate Democrats sought to create the California Dream For All program, outlined in its Build Back Boldly: Senate Democrat Budget Priorities for 2021–22 and Beyond. The program was intended to address “historical and economic barriers to homeownership with a new way for Californians to buy a first home and get a foothold in the middle class and to begin to build family wealth.” However, the California Dream For All program isn’t in the proposed budget blueprint passed by lawmakers on June 14, now sitting on California Gov. Gavin Newsom’s desk. With dozens of budget trailer bills still to be passed, it’s too early to tell for sure if the proposed state-owned housing program will be added, an inside source told The Epoch Times. “Anything is on the table,” even after Newsom signs the budget, the source said. “I’ll …

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