What is the current status of HR 7244?

HR 7244 is currently: Introduced.

Who sponsored HR 7244?

HR 7244 was sponsored by Janelle Bynum (D), Rep.

First-Time Home Buyers Match Act

IntroducedJanuary 27, 2026

Introduced8 months ago

Intro

House

Senate

Pres

Introduced in House

Why This Matters

The First-Time Home Buyers Match Act helps new home buyers by matching their savings to make purchasing a home more affordable. This program aims to support those who might struggle to save enough for a down payment and related costs.

If you are a first-time home buyer, you could get up to $5,000 to help with your home purchase.

Who this affects

First-time home buyers

What changes is this bill making?

1This bill creates a program to help first-time home buyers save for a home.
2Eligible buyers can receive matching funds for their savings, up to $5,000 each year.
3Participants must complete homeownership counseling to qualify for the program.
4Funds can only be used for specific home buying costs, like down payments and closing fees.
5The program will run for five years and will be evaluated for its effectiveness.

Last changed 4 months ago · checked hourly

First-Time Home Buyers Match Act

IntroducedJanuary 27, 2026

Introduced8 months ago

Intro

House

Senate

Pres

Introduced in House

Why This Matters

If you are a first-time home buyer, you could get up to $5,000 to help with your home purchase.

Who this affects

First-time home buyers

What changes is this bill making?

1This bill creates a program to help first-time home buyers save for a home.
2Eligible buyers can receive matching funds for their savings, up to $5,000 each year.
3Participants must complete homeownership counseling to qualify for the program.
4Funds can only be used for specific home buying costs, like down payments and closing fees.
5The program will run for five years and will be evaluated for its effectiveness.

Last changed 4 months ago · checked hourly