Search Results: keywords:"down payment assistance"

  • S. 934 — To make housing more affordable, and for other purposes.
    💰
    Status:Introduced in Senate
    Words:30,682

    S. 934, known as the "American Housing and Economic Mobility Act of 2025," aims to make housing more affordable in the United States by launching grant programs for local housing innovations, investing in housing infrastructure, and improving the accessibility and supply of affordable...

    Simple Explanation

    The American Housing and Economic Mobility Act of 2025 is a plan to help make houses cheaper for people to buy by providing money to build more homes, helping people who are buying a house for the first time, and trying to make up for past unfair treatment in housing. It also encourages banks to help local communities and makes sure new buildings have better access for everyone.

  • H. R. 9245 — To make housing more affordable, and for other purposes.
    💰
    Status:Introduced in House
    Words:30,750

    H.R. 9245, known as the "American Housing and Economic Mobility Act of 2024," is designed to make housing more affordable in the United States. It proposes measures like granting funds to local entities to reduce housing costs, safeguarding low-income homeowners, reforming...

    Simple Explanation

    The American Housing and Economic Mobility Act of 2024 is a plan to make homes cheaper for people by giving money to help change rules and build houses, helping people buy homes, and protecting fair housing rights, but it needs to be careful with money and rules so everything is fair and doesn't get messy.

  • H. R. 2064 — To require the Secretary of Housing and Urban Development to establish a program to provide homeownership assistance grants, and for other purposes.
    💰
    Status:Introduced in House
    Words:2,535

    H.R. 2064, also called the “Home of Your Own Act of 2025,” requires the Secretary of Housing and Urban Development to set up a program that offers homeownership assistance grants to States and Indian tribes. This program aims to help eligible people, especially first-time...

    Simple Explanation

    The "Home of Your Own Act of 2025" is a plan to help people buy their first home by giving them some money for things like a down payment or fixing things before they move in, but the money might not be enough in places where houses cost a lot more. The plan also sets rules on who can give out the money and how much they can spend on things like paperwork and counseling.

  • H. R. 6630 — To prohibit individuals and entities from owning more than 75 single-family residences, and for other purposes.
    💰
    Status:Introduced in House
    Words:1,572

    H.R. 6630, also known as the "American Neighborhoods Protection Act of 2023," aims to limit the ownership of single-family residences by any individual or entity to no more than 75 of such properties. It introduces an excise tax of $10,000 for each residence owned beyond this limit, with...

    Simple Explanation

    This bill says people or companies can own up to 75 houses, but if they own more, they have to pay a big fee for each extra house. This fee will be used to help families buy their first home.