Search Results: keywords:"down payment assistance"

  • H. R. 6630 — To prohibit individuals and entities from owning more than 75 single-family residences, and for other purposes.
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    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.

  • H. R. 9245 — To make housing more affordable, and for other purposes.
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    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.