New Homeowner Program Shows Why California Is Unaffordable

New Homeowner Program Shows Why California Is Unaffordable
A sign is posted in front of a home for sale in San Rafael, Calif., on Sept. 28, 2021. Justin Sullivan/Getty Images
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Commentary

It sounds really great for homeowners. The California Mortgage Relief Plan will provide 40,000 California homeowners up to $80,000 in relief, each. They even won’t have to pay it back. It was just approved by the U.S. Department of the Treasury as part of the federal American Rescue Plan Act’s Homeowner Assistance Fund.

John Seiler
John Seiler
Author
John Seiler is a veteran California opinion writer. Mr. Seiler has written editorials for The Orange County Register for almost 30 years. He is a U.S. Army veteran and former press secretary for California state Sen. John Moorlach. He blogs at JohnSeiler.Substack.com and his email is [email protected]
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