BREAKING | “HUD Cracks Down on Government-Backed Mortgages for Illegal Immigrants”
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today announced the Federal Housing Administration (FHA) revised its residency requirements and removed access for illegal aliens to FHA-insured mortgages by eliminating in its entirety the “non-permanent residents” category from the Title I and Title II programs. This update of FHA policy ensures illegal aliens and non-permanent residents in the U.S. cannot access FHA-insured financing and refocuses the use of taxpayers’ resources and federal housing programs to benefit U.S. citizens.
Read excerpts from The National Review below:
National Review | HUD Cracks Down on Government-Backed Mortgages for Illegal Immigrants
“The Department of Housing and Urban Development announced on Wednesday that non-permanent residents will no longer be eligible for Federal Housing Administration (FHA) mortgages, National Review has learned, part of a broader effort by the administration to ensure that American citizens are prioritized under taxpayer-funded housing programs following massive flow of illegal immigration under former President Joe Biden.
FHA loans offer government-insured mortgages to ensure that lower-income individuals have access to home ownership. While illegal immigrants are technically ineligible to obtain FHA-backed home loans under U.S. law, HUD’s announcement will strengthen enforcement mechanisms to ensure that illegal immigrants are not abusing the program in the future. It is unclear how many illegal immigrants have obtained FHA-backed loans.”
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“HUD’s revised residency requirements for FHA-backed loans, which take effect on May 25, will apply to Deferred Action for Childhood Arrivals (DACA) recipients as well as individuals who are pending asylum or pending refugee status, according to HUD, since there is no guarantee that their residency status will be renewed under the current administration.
The new policy eliminates the ‘non-permanent resident’ category entirely from the FHA’s Single Family Title I and Title II programs, and reverses a Biden-era policy which allows FHA loans for DACA recipients who provide a valid Social Security Number and work eligibility status.
HUD Secretary Scott Turner’s announcement is in keeping with President Donald Trump’s immigration related executive orders, and will be applied to a future version of HUD’s Single Family Housing Policy Handbook 4000.1. Earlier this week, HUD and the Department of Homeland Security released a Memorandum of Understanding to announce both agencies’ coordination on efforts to crack down on tax-payer funded public housing for illegal immigrants.
‘There will be no more illegal aliens getting HUD-backed home loans,’ Secretary Turner said in a statement to NR. ‘The Biden administration exploited taxpayer resources and manipulated FHA policy to allow illegal aliens to ride the coattails of the American taxpayer when financing on a home. For those who play by the rules and work hard to purchase a home, it is unconscionable. HUD will continue to implement President Trump’s executive order ending taxpayer subsidization of open borders and protecting the American Dream of homeownership.’”
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