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HR10084EconomyIn Committee

First Time Homebuyer Debt Reduction Act

Introduced
Aug 13, 2026
4 days ago
Last Action
Aug 13, 2026
4 days ago
1Bill Sponsor
0Bill Co-Sponsors
0Traction
1Months in Committee

Bill Summary

Reduces debt for first-time homebuyers. Helps them by potentially lowering their mortgage payments or interest rates.

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Sponsored By

Jeff Crank
Republican · Colorado · House

Support By Party

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0%Bipartisan
Republican1
Democratic0
Bipartisan0 · 0%

Bill Journey

  1. Aug 13, 2026
    Rep. Jeff Crank (R-CO)
  2. Committee on Financial Services
  3. Aug 13, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

First-time homebuyers would have lower debt burdens, making homeownership more affordable for this group of people, particularly younger adults and low-to-moderate income families.

Cosponsors (0)

No cosponsors yet.