Filed Under: [ Hispanic News ] [ Immigration ]
Knowledge is Power!
“Because of a housing pilot program run by the state of Illinois, as well as a growing interest among banks to tap into the burgeoning market of illegal immigrants, families like the Olveras are able to get a mortgage ”” sometimes at a discounted interest rate.
“We always wanted a place where the kids could go to a good school,” said Olvera, 39, who works busing tables at a nearby restaurant. “We wanted a shorter commute to work”¦. And now, we can afford to do it.”
The program, Opportunity I-Loan, was launched late last year by Gov. Rod Blagojevich, a Democrat, and the state Housing Development Authority. The agency is charged with helping low-income families own homes.”
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