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The U.S. Department of Housing and Urban Development (HUD), led by Secretary Scott Turner, announced new rules about who can get FHA-backed home loans. Starting May 25, people who are not permanent residents, including illegal immigrants and certain others, will no longer qualify for these loans. This change is meant to make sure that U.S. citizens benefit from housing programs funded by taxpayers.
FHA loans help lower-income individuals buy homes, but people without legal status have been taking advantage of the system. The new rules will also affect DACA recipients and others awaiting asylum or refugee status. Secretary Turner emphasized that illegal immigrants will not be able to get these loans anymore.
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