Search Results: keywords:"financial counseling"

  • 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.
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    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. 8714 — To require the Secretary of Housing and Urban Development to establish a program to provide homeownership assistance grants, and for other purposes.
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    Status:Introduced in House
    Words:2,487

    H.R. 8714, also known as the “Home of Your Own Act of 2024,” aims to help people in the United States become homeowners by providing financial assistance through grants. The Secretary of Housing and Urban Development will set up a program that distributes funds to states and...

    Simple Explanation

    H.R. 8714 is a plan to help people buy their first home by giving them money to help pay for things like the down payment and repairs. People who get this help also need to take a money class, and if they sell the home quickly, they might have to give some money back.