On the recordJune 24, 2019
Until recently, recipients of the Deferred Action for Childhood Arrivals, or DACA program, have been able to secure mortgage insurance from the Federal Housing Administration, or FHA. In 2018, lenders began reporting to news sources such as, HousingWire and BuzzFeed, that officials from the Department of Housing and Urban Development had informed them that DACA recipients were not eligible for FHA insurance. HUD's conflicting responses to public inquiries on the matter left uncertainty in the market over the past year. Then HUD sent a letter to Representative Pete Aguilar 2 weeks ago confirming they had stopped providing FHA insurance for DACA recipients' mortgages. {time} 1700 DACA recipients are individuals living in the U.S. under the Deferred Action for Childhood Arrivals, DACA, program. They were brought to the United States as children. They were children. As individuals even within this administration have expressed, the United States is the only place many of them know. It is their home. DACA recipients are taxpayers, students, teachers, and soldiers. They are our neighbors. They contribute to our economy and are pillars of our communities. Yet, individuals now seek to deny DACA recipients access to owning a home. Our government insures mortgages through FHA to help low- and middle- income individuals buy a home. This program allowed DACA recipients to buy their first homes.…
Source
govinfo.gov




